200 Sydney Road, COBURG VIC 3058
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- 13 Oct 2016
Permitted Retail/Residential Development Site
Colliers International is pleased to present 200-216 Sydney Road, Coburg for sale by Tender closing Wednesday 26th October at 3pm.
This true Mixed Use development site in Melbourne’s inner north presents as a rare and unique opportunity to deliver a versatile project creating a new urban precinct on one of Melbourne’s major shopping strips.
Key property features are below:
• Permit approval for a ground floor supermarket, 3 retail shops, 5 townhouses, then first floor offices and 124 apartments over the 4 upper levels
• Flexible Activity Centre 1 Zoning
• Located on Sydney Road, a thriving retail precinct and increasingly popular residential precinct in proximity to the Melbourne CBD and University precinct
• Excellent inner northern location with a diverse mix of both affluent young professionals and empty nesters. The area has undergone significant gentrification in recent times and is now a hugely desirable hip locale underpinned by a diverse and rich culinary scene
• Unrepeatable opportunity to acquire a substantial infill development site with three street frontages and a well-designed permit
• Extremely flexible site that provides the opportunity for alternate uses such as Retirement, Aged Care and Retail
* Denotes Approx
For more information please contact exclusive marketing agents Colliers International.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
200 Sydney Road COBURG