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IGA Coburg 12-20 Nicholson Street
Coburg VIC 3058
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Sold on 22 Mar 2018

IGA Coburg 12-20 Nicholson Street Coburg VIC 3058

  • Shop & Retail
  • 1,183 m²
  • Sold

IGA COBURG - METROPOLITAN MELBOURNE IGA SUPERMARKET INVESTMENT ONLY 6KM* FROM THE MELBOURNE CBD

  • 15 year net lease to IGA (Metcash Ltd)
  • Fixed annual rental increases of 3.5% pa
  • Highly secure investment

Metropolitan Melbourne IGA Supermarket with 15 year net lease to IGA (Metcash Ltd)

1,183sqm* GLA supermarket just 6km* from the Melbourne CBD

Highly secure investment with low exposure to land tax

Significant tax saving depreciation benefits

Surrounded by 15 future residential apartment projects providing more than 2,019 new dwellings

Highly attractive fixed annual rental increases of 3.5% per annum

Net annual income of $349,328* ^

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*approx
^Income as at August 2018

Property Highlights

Date Sold22 Mar 2018
Floor Area1,183 m²
Land Area1,183 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231560
Category
Last updated  30 Nov 2021
Map for IGA Coburg 12-20 Nicholson Street Coburg VIC 3058

Property Highlights

Date Sold22 Mar 2018
Floor Area1,183 m²
Land Area1,183 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017231560
Category
Last updated  30 Nov 2021
Level 34, 8 Exhibition Street Melbourne VIC 3000

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