477 Sydney Road, Coburg, Vic 3058

TOWN PLANNING DRAWINGS TO CONSTRUCT A
7 LEVEL BUILDING- 15 APARTMENTS & 1 COMMERCIAL SHOP & ROOF TOP

Key Features:
Exceptional 7 level apartment building including ground floor retail.
Prime position amongst Coburg's best shopping strip.
Well connected to CBD via tram and train networks in immediate proximity.
Council Car Parking - East and West of Building
Land Area: 388 sq/m (approx.)
Total Building Area 2,934 sq/m (approx)

•	Ground Floor Retail:  300 sq/m (approx.)
•	$57,000 PA +GST plus Outgoings
•	5 Year Lease from 06.07.2023-Nil Further Terms
•	Rental Increases Annually fixed @ 3% 
•	Rental grossly reduced due to proposed construction of development.

•	First Floor -2 Bedroom Apartment
•	Monthly Tenancy
•	Rental: $1,608.00 PCM
•	2 On Site Car Spaces at rear

•	Terms:  10%  DEPOSIT    BALANCE 60/90  DAYS

ACT NOW TO SECURE THIS RARE BUILDING OPPORTUNITY