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20-22 Delta Avenue, Coburg North, VIC 3058

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20-22 Delta Avenue, Coburg North, VIC 3058

20-22 Delta Avenue, Coburg North, VIC 3058

Properties / Buy / Victoria / Coburg North
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Apartment Sites, Townhouse Sites
Land Area
1,022 m² (*approx)
Selling Method
Private Sale: 2,300,000 + GST
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2. Property Highlights

Rooming House Freehold Investment
  • Facility with 18 studio rooms
  • Occupancy - 90% to 100%
  • Land area 1,022m² (approx.)

• Expected annual gross rental income of approx. $160,000

• Long track record of running between 90% to 100% occupancy

• A well-maintained facility with 18 studio rooms with ensuite Bathrooms, fridge, desk, and chair

• Over 15 years property management in place that looks after the tenancy and leases so is hassle free for the landlord

• Situated in a highly competitive rental market, experiencing just 0.62% vacancies in Coburg North

• Functional layout including a large lounge & dining area, industrial kitchen, bike rack, & coin-operated laundry

• Ideally located near the bustling Sydney Road shopping precinct, Merlynston Village Hub & major retailers like ALDI, Coles, and Bunnings

• Surrounded by public transport and proximate to major roads such as Sydney Road & Bell Street

• The City of Merri-Bek’s population is expected to increase by 25% over the next 15 years

• Land area 1,022m² (approx.)

Contact Wendy Zhou on 0422 011 188 to receive a detailed information memorandum and lease documentation.

********

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

http://www.consumer.vic.gov.au/duediligencecheckli...

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential
Sub-type
Apartment Sites, Townhouse Sites
Land Area
1,022 m² (*approx)
Selling method
Private Sale: 2,300,000 + GST

2. Property Highlights

Rooming House Freehold Investment
  • Facility with 18 studio rooms
  • Occupancy - 90% to 100%
  • Land area 1,022m² (approx.)

• Expected annual gross rental income of approx. $160,000

• Long track record of running between 90% to 100% occupancy

• A well-maintained facility with 18 studio rooms with ensuite Bathrooms, fridge, desk, and chair

• Over 15 years property management in place that looks after the tenancy and leases so is hassle free for the landlord

• Situated in a highly competitive rental market, experiencing just 0.62% vacancies in Coburg North

• Functional layout including a large lounge & dining area, industrial kitchen, bike rack, & coin-operated laundry

• Ideally located near the bustling Sydney Road shopping precinct, Merlynston Village Hub & major retailers like ALDI, Coles, and Bunnings

• Surrounded by public transport and proximate to major roads such as Sydney Road & Bell Street

• The City of Merri-Bek’s population is expected to increase by 25% over the next 15 years

• Land area 1,022m² (approx.)

Contact Wendy Zhou on 0422 011 188 to receive a detailed information memorandum and lease documentation.

********

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

http://www.consumer.vic.gov.au/duediligencecheckli...

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

20-22 Delta Avenue, Coburg North, VIC 3058

Property Map

4. Due Diligence

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Report Contains

Site Report Available

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  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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20-22 Delta Avenue, Coburg North, VIC 3058 Coburg North
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