416 Sydney Road,
Coburg, VIC 3058
Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting
Price information
Sold
$1,735,000
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Floor area
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Map of 416 Sydney Road
TOWN PLANNING APPROVED
Situated in the heart of the Sydney Road “Precinct” is this takeaway shop/ cafe with a current town planning permit to build a separate 4 story student/boarding house accommodation premises above the shop..
Once built and fully let the potential rental yield is estimated to be in the vicinity of $450,000 Gross per annum.
Situated within walking distance to all essential amenities including Coburg Railway Station and backing onto Bridges Reserve makes for an ideal investment to target affordable housing in a premium locale.
Please enquire today to be sent a copy of the plans and town planning permit.
Once built and fully let the potential rental yield is estimated to be in the vicinity of $450,000 Gross per annum.
Situated within walking distance to all essential amenities including Coburg Railway Station and backing onto Bridges Reserve makes for an ideal investment to target affordable housing in a premium locale.
Please enquire today to be sent a copy of the plans and town planning permit.
Property ID: 503850434Last Updated: 3 Nov 2021
04345879...
416 Sydney Road
Coburg, VIC 3058
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