166-170 Newlands Road Coburg North VIC 3058

CBRE is excited to exclusively present 166-170 Newlands Road, Coburg North, For Sale via Expressions of Interest closing Thursday 21st August 2025 at 4pm (AEST).

This exceptional industrial investment presents a secure income stream with significant future upside. Located in the sought-after Coburg North industrial precinct, this property is leased to Capital SMART Repairs, a well-established tenant backed by the financial strength of ASX-listed AMA Group and Suncorp. With a lease in place and under-market rental, this property offers an excellent opportunity for investors seeking a stable income with potential for substantial rental growth upon lease renewal.

The property comprises a clear span warehouse equipped with excellent natural lighting and an ESFR fire sprinkler system.

The warehouse can be accessed via three (3) on-grade roller shutter doors.

The warehouse features an upgraded power supply of to 250Amps along with an internal drainage system with an underground triple interceptor.

Opportunity Highlights:
+ 5,651 sqm* landholding located in a land constrained infill precinct
+ Highly functional concrete panel office/warehouse facility with a total GLA of 2,951 sqm*
+ Passing income of $298,313 per annum, assessed as underlet, indicating clear scope for increased returns
+ Short WALE of 2.7 years presenting immediate rental reversion potential
+ Secure tenant with strong financial backing

For further information, or to arrange an inspection, please contact the listed CBRE agents.

EOI CLOSING THURSDAY 21ST AUGUST 2025 AT 4PM (AEST).

*Denotes approx