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20-22 Delta Avenue Coburg North, VIC 3058

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20-22 Delta Avenue,
Coburg North, VIC 3058

Shops & Retail

Price information

Sale

2,300,000 + GST

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.

Map of 20-22 Delta Avenue

Directions
  • Train stations within 5 km of 20-22 Delta Avenue, Coburg North, VIC 3058Distance
    Merlynston Station252 m
    Batman Station1.4 km
    Gowrie2.3 km
    Coburg Station2.4 km
    Pascoe Vale Station2.9 km
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  • Tram stops within 5 km of 20-22 Delta Avenue, Coburg North, VIC 3058Distance
    40-North Coburg Terminus/Sydney Rd (Coburg North)837 m
    39-Mercy College/Sydney Rd (Coburg North)1.2 km
    38-Renown St/Sydney Rd (Coburg)1.2 km
    38-Carr St/Sydney Rd (Coburg North)1.3 km
    37-Gaffney St/Sydney Rd (Coburg North)1.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 20-22 Delta Avenue, Coburg North, VIC 3058Distance
    Merlynston Railway Station/Merlyn St (Coburg North)138 m
    Merlynston Railway Station/Lorensen Ave (Coburg North)151 m
    Athol St/Shorts Rd (Coburg North)266 m
    Mashoobra StBoundary Rd317 m
    Shorts Rd/Lorensen Ave (Coburg North)330 m
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POWERED BY HERE ©

Rooming House Freehold Investment

  • Facility with 18 studio rooms
  • Occupancy - 90% to 100%
  • Land area 1,022m² (approx.)
• Expected annual gross rental income of approx. $160,000
• Long track record of running between 90% to 100% occupancy
• A well-maintained facility with 18 studio rooms with ensuite Bathrooms, fridge, desk, and chair
• Over 15 years property management in place that looks after the tenancy and leases so is hassle free for the landlord
• Situated in a highly competitive rental market, experiencing just 0.62% vacancies in Coburg North
• Functional layout including a large lounge & dining area, industrial kitchen, bike rack, & coin-operated laundry
• Ideally located near the bustling Sydney Road shopping precinct, Merlynston Village Hub & major retailers like ALDI, Coles, and Bunnings
• Surrounded by public transport and proximate to major roads such as Sydney Road & Bell Street
• The City of Merri-Bek’s population is expected to increase by 25% over the next 15 years
• Land area 1,022m² (approx.)

Contact Wendy Zhou on 0422 011 1... to receive a detailed information memorandum and lease documentation.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property ID: 504605248Last Updated: 12 Sep 2024

04220111...
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20-22 Delta Avenue
Coburg North, VIC 3058
ASL Real Estate - Kew
130 High Street
KEW, VIC 3101

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