10-12 Hocking Street,
Coburg North, VIC 3058
Warehouse, Factory & Industrial
Price information
Sold
$1,725,000
Key property information
Land area
Floor area
Parking info
Zoning
Tenure type
Sold on
Map of 10-12 Hocking Street
Industrial Investment with Circa 8% Yield!
- Circa 8% Yield
- Tenant trading as Ernest Hillier
- Rental return: $144,000 pa
CVA Property Consultants is proud to offer a rare investment of industrial food grade or warehouse nature located at 10-12 Hocking Street.
The property features include:
- Ground floor area: 1,142m2*
- Total building area: 1,893m2*
- Currently leased to Entouragefoods Pty Ltd
- Current rental return: $144,000 pa + GST and outgoings
- Lease term of four (4) years from 19th August 2015 + four (4) years to follow
- 3% annual increases
- Security bond: 6 months + GST in the form of bank guarantee
- Tenant also currently occupies 2 surrounding buildings
The property is located in the well known industrial pocket of Coburg North, and is surrounded by main arterials including Sydney Road / Hume Highway and Bell Street and provides quick access to the Hume Highway for connection to every region in Melbourne.
For further information please contact CVA Property Consultants.
The property features include:
- Ground floor area: 1,142m2*
- Total building area: 1,893m2*
- Currently leased to Entouragefoods Pty Ltd
- Current rental return: $144,000 pa + GST and outgoings
- Lease term of four (4) years from 19th August 2015 + four (4) years to follow
- 3% annual increases
- Security bond: 6 months + GST in the form of bank guarantee
- Tenant also currently occupies 2 surrounding buildings
The property is located in the well known industrial pocket of Coburg North, and is surrounded by main arterials including Sydney Road / Hume Highway and Bell Street and provides quick access to the Hume Highway for connection to every region in Melbourne.
For further information please contact CVA Property Consultants.
Property ID: 501746674Last Updated: 10 Jul 2016
04045303...
10-12 Hocking Street
Coburg North, VIC 3058
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
9 Acheson Place,Coburg North, VIC 3058 431 m²Warehouse, Factory & Industrial • Development Sites & Land • Offices
