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Cnr Sydney Road & Bell Street, COBURG, VIC 3058

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Cnr Sydney Road & Bell Street, COBURG, VIC 3058

Cnr Sydney Road & Bell Street, COBURG, VIC 3058

Properties / Sold / Victoria / Coburg
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
753 m² (*approx)
Zoning
Activity Centre
Local Government
Moreland City Council
Selling Method
Expressions of Interest: Contact Agent
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2. Property Highlights

THE ICONIC ‘COBURG CORNER’ BUILDING WITH VALUE-ADD POTENTIAL

** SOLD **

Gross Waddell ICR is pleased to offer the opportunity to secure a landmark mixed-use building positioned at the gateway of Sydney Road, Coburg’s major retail and commercial precinct.

Property features include:

• High profile 1,193 sqm* mixed commercial freehold building

• Offering significant scale and flexibility, the configuration consists of 8 shops + first floor offices

• Considerable potential to value-add, strata subdivide, occupy or develop (STCA)

• Bustling corner land holding of 753 sqm* and favourably zoned Activity Centre Zone (ACZ)

• Offered with holding income via a number of long-standing tenants including the nationally recognised Ferguson Plarre Bakehouse

• High exposure frontages to both Sydney Road and Bell Street totalling 63 m*

• Central commercial location serviced by train & tram public transport, vast retail amenity, Coburg market plus significant neighbouring residential development

The property is for sale via Expressions of Interest, closing at 2:00 pm on Wednesday the 17th of August 2022. For further information or to inspect the property, please contact Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial
Land Area
753 m² (*approx)
Activity Centre
Local Government
Moreland City Council
Selling method
Expressions of Interest: Contact Agent

2. Property Highlights

THE ICONIC ‘COBURG CORNER’ BUILDING WITH VALUE-ADD POTENTIAL

** SOLD **

Gross Waddell ICR is pleased to offer the opportunity to secure a landmark mixed-use building positioned at the gateway of Sydney Road, Coburg’s major retail and commercial precinct.

Property features include:

• High profile 1,193 sqm* mixed commercial freehold building

• Offering significant scale and flexibility, the configuration consists of 8 shops + first floor offices

• Considerable potential to value-add, strata subdivide, occupy or develop (STCA)

• Bustling corner land holding of 753 sqm* and favourably zoned Activity Centre Zone (ACZ)

• Offered with holding income via a number of long-standing tenants including the nationally recognised Ferguson Plarre Bakehouse

• High exposure frontages to both Sydney Road and Bell Street totalling 63 m*

• Central commercial location serviced by train & tram public transport, vast retail amenity, Coburg market plus significant neighbouring residential development

The property is for sale via Expressions of Interest, closing at 2:00 pm on Wednesday the 17th of August 2022. For further information or to inspect the property, please contact Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

Cnr Sydney Road & Bell Street, COBURG, VIC 3058

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Cnr Sydney Road & Bell Street, COBURG, VIC 3058 Coburg
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street, Melbourne VIC 3000