ACTIVITY ZONE DEVELOPMENT CREDENTIALS
1. First time offered for sale in 45 years
2. Multi-level development potential
3. High-profile location
Land Area – 1,030m²
Colliers International & Nelson Alexander are pleased to present 652-660 Sydney Road, Coburg for private sale.
Impressive dimensions, corner position and a high-profile location; this unique property presents a rewarding freehold/investment opportunity along with outstanding multi-level development potential (STCA).
Complete with Activity Centre Zoning (ACZ1), the property is leased (until December 2017) returning approx $120K per annum plus outgoings. Trams out front, it’s also walking distance to Batman Station, Coburg Lake Reserve, local schools, as well as easy access to cafes and restaurants, shops and supermarkets.
First time offered for sale in 45 years!
Key property features are below:
• Large corner block (approx 1,030sqm)
• Activity Centre Zoning (ACZ1)
• Approx 70m of street frontage
• First time offered for sale in 45 year
• Leased to Dec 2017 ($120K p.a. + outgoings)
• Multi-level development potential
• High-profile location|
• Trams out front, walking distance to Batman Station
• Moments from Coburg Lake Reserve
• Easy access to cafes, shops and supermarkets
* Denotes Approx
For more information please contact marketing agents Colliers International and Nelson Alexander
Hamish Burgess 0421 641 497
Oliver Hay 0419 528 540
Milo Rasinac 0418 379 374
Stefan Stella 0422 093 149