Cushman & Wakefield Strata Markets is proud to exclusively present for sale Noi Pizzeria, Coburg secured by a 10-year lease to a renowned hospitality operator and positioned within the new Pace 3058 development. Key investment highlights include: - Brand new building, with a capital intensive fit-out, securely leased to proven hospitality operator, Noi Pizzeria. - Boasting a 4.8-star online rating (google reviews) and previously recognised among the Top 10 Pizzerias by The AGE and the Australian Good Food Guide (source: The AGE, Australian Good Food Guide. - Set and forget investment with a brand new 10-year net lease with options extending until 2044. - Returning an annual income $72,250 + GST + Outgoings per annum with fixed annual increases. - An expansive corner position spanning 170sqm* with dual street frontage, high ceilings and excellent natural light throughout. - Positioned at the base of ‘Pace 3058’, a brand new 14-storey mixed use development consisting of 311 residential apartments completed in 2024, providing significant depreciation benefits. - Positioned just one block away from the thriving Sydney Road core retail precinct and 300 metres* from the $1.2 billion Pentridge Village redevelopment. For Sale via Expressions of Interest closing on Wednesday 2nd of April 2025 at 12pm. For further information, please contact Cushman & Wakefield Strata Markets as the exclusive selling agents: Raphael Favas | 0435 916 380 Jeff Ha 石军豪 | 0401 145 166 Jack Cooper | 0498 231 704
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