NAB, 406-408 Sydney Road Coburg VIC 3058

Stonebridge Property Group is pleased to present for sale NAB, 406-408 Sydney Road, Coburg.

The key highlights of the opportunity include:

- Anchored by the ASX listed National Australia Bank on a renewed 5-year term

- NAB stands as Australia's 3rd largest bank with 437 branches, 38,000 employees and a market cap of $107.66 billion

- High exposure double fronted freehold with 332 sqm* of underlying land and rear access onto major council car park a major convenience for customers

- Ideally positioned within the heart of Coburg, bookended between national convenience retailers Coles, Chemist Warehouse, Dan Murphy's and Woolworths

- Prominent double level building spanning 583 sqm* across two open-plan and expansive floors - level one boasts separate access via Russell Street

- Sydney Road is the retail backbone of Coburg, home to an eclectic list of retailers and providing direct access into the Melbourne CBD (via tram)

- Coburg is an affluent inner north suburb of Melbourne 8 km* from the CBD boasting a median house price of $1,140,000

- Providing annual income of $140,867* + GST + Outgoings (a portion of land tax is recovered via NAB)

NAB, 406-408 Sydney Road, Coburg is offered for sale via Public On-site Auction Friday 30th May 2025 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Ian Lam
0416 621 859

Ian Lam : 0416 621 859 (WeChat ID: Ianlam2001)

Rorey James
0439 400 081

*Approximately
^ABS.gov.au

Property Code: 1277