For Sale

1-5 French Street, COBURG 3058

  • Building Area 1,130 m²
  • Sale Price CONTACT AGENT

Large landholding – Invest / Occupy / Develop (STCA)

Highlights

  • Large rear yard
  • Recessed truck loading bay area
  • Six (6) offices

Description

EXPRESSIONS OF INTEREST CLOSING: WEDNESDAY 23RD OCTOBER AT 2PM

ICR Property Group are delighted to present 1-5 French Street, Coburg North For Sale by Expressions of Interest closing on Wednesday 23rd October at 2pm.

This large industrial block of land comprises of a single storey warehouse and offices, situated 12 kms* from Melbourne CBD with fantastic access to the Hume Highway and Western Ring Road.

1-5 French Street is supported with everything you need – close proximity to the city, the retail, dining, shopping and transport options on Sydney Road and Bell Street, and the local Merri Creek nature reserve and sporting venues.

Key features of this Asset include:
- Land area: 3,456 sqm*
- Building area: 1,130 sqm*
- Large rear yard
- NET passing income: $72,000 p.a.* + Outgoings
- Lease commencement date: 1st June 2019; Lease expiry date: 31st May 2020
- 43.96 metre* frontage to French Street
- Potential business park development opportunity (STCA)
- Recessed truck loading bay area
- Six (6) offices
- Ample on-site car spaces
- Drive around truck access
- Kitchenette and amenities
- Industrial 1 zoning

Location & Amenities:
- Lincoln Mills Homemaker Centre: 350 m*
- Batman Train Station: 650 m*
- Sydney Road retail strip: 950 m*
- CityLink: 3.5 kms*
- Hume Freeway & Metropolitan Ring Road: 4.5 kms*
- Melbourne CBD: 12 kms*

*Approx.

To request due diligence documents or to organise an inspection, contact ICR’s Exclusive Sales Agents below.

Julian Materia – 0498 188 011

Raff de Luise - 0418 533 633

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate for over 20 years.

Zoning Industrial 1 Zone Council

Moreland City Council

Tenure

Tenanted Investment

Pricing

All prices are indicative plus GST (if any).

Building Area 1,130 m² Land Area 3,456 m²

Agents

Raff De Luise

Julian Materia

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