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477 Sydney Road
Coburg VIC 3058
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Sold on 28 Apr 2021

477 Sydney Road Coburg VIC 3058

  • Shop & Retail
  • 410 m²
  • Sold

FLEXIBILITY ON ANOTHER LEVEL

POINT OF INTEREST:
Situated in the midst of the always active Sydney Road commercial precinct, is this two-storey retail and apartment combination, which is for sale via auction on Wednesday the 28th of April at 12pm. Set on a 388 sqm* block, the ground floor consists of a retail space including kitchenette, staff amenities, ducted heating and cooling, plus two car spaces at the rear, currently leased until 30th June 2021. Additionally, the first floor boasts an 85 sqm* two-bedroom apartment currently leased until 15th August 2021.

A unique freehold property with incredible main road exposure thanks to Sydney Road and nearby Bell Street, the new owners have the potential to occupy, continue to lease out and / or value add to the current improvements. And in such a prominent inner north location, the chance to be this flexible in operations is a rare one.

- Total building area of 410 sqm*.
- Ground floor retail of 325 sqm*.
- First floor two-bedroom apartment of 85 sqm*.
- Short term income: $142,806.24
- Generous site area of 388m2* with over 8 metres* frontage 
- Two on-site car spaces at the rear.
- Ducted heating and cooling on ground floor.
- 60 m* to the corner of Sydney Road and Bell Street.
- 450 m* to Coburg railway station and tram route 19 along Sydney Road.

POINT OF VIEW:
We’ve settled the Melbourne vs. Sydney debate. Sydney Road in Melbourne.

*Approx.
Pricing excludes GST

AUCTION

Auction date and time28/04/2021 12:00
Auction location477 Sydney Road, Coburg VIC
CVA Property Consultants Pty Ltd
CVA Property Consultants Pty Ltd
18-20 Russell Street
Melbourne, VIC 3000

Property Highlights

Date Sold28 Apr 2021
Floor Area410 m²
Land Area388 m²
ParkingAsk Agent
Property ID2016890652
Category
Last updated  30 Apr 2021
Map for 477 Sydney Road Coburg VIC 3058

Nearest transport* to 477 Sydney Road Coburg VIC 3058

Bus
Train
Tram
Coburg PS/Bell St (Coburg)114 m
Coburg PS/Bell St (Coburg)118 m
Coburg PS/Bell St (Coburg)118 m
Urquhart St/Sydney Rd (Coburg)131 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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CVA Property Consultants Pty Ltd
CVA Property Consultants Pty Ltd
18-20 Russell Street
Melbourne, VIC 3000

Property Highlights

Date Sold28 Apr 2021
Floor Area410 m²
Land Area388 m²
ParkingAsk Agent
Property ID2016890652
Category
Last updated  30 Apr 2021

Co-Agents

Jarrod Moran
Jarrod Moran
CVA Property Consultants Pty Ltd
Call
0413 251 621
Craig McKellar
Craig McKellar
CVA Property Consultants Pty Ltd
Call
0431 892 780

More about 477 Sydney Road Coburg VIC 3058

477 Sydney Road Coburg VIC 3058 is categorized as Shop & Retail Property. It has a floor area of 410 m² and a land area of 388 m². The listing ID for this property is 2016890652.

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