Colliers & NSL Property Group are pleased to offer 844-846 Sydney Road, Coburg North, for sale via an Expressions of Interest campaign closing Thursday 6^th May at 3pm AEST (unless sold prior).

The site is located within the strategic commercial and residential precinct of Coburg North and is promoted by accessibility to nearby public transport & road networks, retail and bulky goods district and an abundance of local parks and schools.

The property comprises a vacant motel and rooming facility, providing an excellent foundation and functionality for potential occupiers.

Key features of this development opportunity are highlighted below:

• Large land holding of 2,787 m²* with three street frontages totalling 70 m* plus
• Mixed-Use (MUZ) & General Residential (GRZ) zoning provides flexibility in uses and development outcomes (STCA) – occupy, invest or develop
• Existing site improvements include a vacant motel and rooming facility, offering significant value-add and redevelopment potential
• Previously permitted site (subject to permit extension) for a mixed-use redevelopment comprising a motel and dwellings within a two-four storey building
• Coburg North is an inner-city suburb, characterised by leafy streets, chic boutiques, hip cafés and restaurants, only 9 km* from Melbourne’s CBD
• The suburb is well serviced by tram and bus routes at your doorstep, making access to the city, Northland Shopping Centre and Sydney Road Shopping Plaza very convenient.
• Notable locations include Village Cinemas, Mercy College, Pentridge Village and Aldi Supermarket

*Approx

For further information, please contact the exclusive selling agents at Colliers or NSL Property Group

Remember to mention you found this property on DevelopmentReady.com.au