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565-579 Sydney Road Coburg, VIC 3058

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565-579 Sydney Road,
Coburg, VIC 3058

Shops & Retail

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$4,500,000

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Prime Investment Freehold – Woolworths Petrol

  • Outstanding Blue Chip Investment
  • 15+5+5+5+5yr Lease to Woolworths Ltd
  • Current Rent approx. $253,758 net p.a.
565-579 Sydney Road, Coburg Vic 3058

- Outstanding Blue chip Woolworths Limited Lease, 15+5+5+5+5 years
commenced 1 August 2008.
- Current Rent approx. $253,758 p.a. net
- Annual CPI Reviews (max. 4%).
- Woolworths pay 50% of statutory outgoings, including land tax, but not
building insurance.
- Outstanding position 200m* from Bell Street, and Coburg Retail Centre (Woolworths & Coles Supermarkets etc.) and only approx. 8km north of Melbourne CBD.
- Large main road site of 1,858sqm* with wide 60m frontage.
- Impressive modern Petrol Station, with statergate canopy, fibreglass
tanks, underground gas, etc.
- Large Convenience Store building with storefront parking and easy
access.
- An investment that ticks all the boxes.
*approx.

For more information please call:
Ben Galanos 0448 678 338
Ron Newton 0418 322 138

Property ID: 501493987Last Updated: 19 Apr 2015

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565-579 Sydney Road
Coburg, VIC 3058
Ronald A Newton & Associates Pty Ltd - South Yarra
Level 3, 177 Toorak Road
SOUTH YARRA, VIC 3141

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