10-12 Hocking Street Coburg North VIC 3058

A rare investment of industrial food grade or warehouse nature located at 10-12 Hocking Street, Coburg North is available for Sale.

The property features include:

- Ground floor area: 1,142m2*

- Total building area: 1,893m2*

- Currently leased to Entouragefoods Pty Ltd

- Current rental return: $144,000 pa + GST and outgoings

- Lease term of four (4) years from 19th August 2015 + four (4) years to follow

- 3% annual increases

- Security bond: 6 months + GST in the form of bank guarantee

- Tenant also currently occupies 2 surrounding buildings

The property is superbly located in the well known industrial pocket of Coburg North, and is surrounded by main arterials including Sydney Road / Hume Highway and Bell Street and provides quick access to the Hume Highway for connection to every region in Melbourne.

For further information please contact CVA Property Consultants.