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78-86 Newlands Road Coburg, VIC 3058

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78-86 Newlands Road,
Coburg, VIC 3058

Development Sites & Land • Warehouse, Factory & Industrial • Offices

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$2,250,000

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For Sale by Expression of Interest closing Thursday 17th August at 4pm

An ideal corporate headquarters with city skyline views, leafy vistas and or potential rental investment, this exceptional offering also presents as a redevelopment opportunity (STCA) with current scheme and plans available for a conversion of 8 apartments and café/retail space. Situated on approximately 750m2 with total building area of 970m2 approx., it's zoned C1Z (Commercial 1) in an attractively convenient position. Anticipate great return on investment with the option of dividing into multiple tenancies. Ascend to the top floor boardroom for stunning city views and leafy outlooks, appreciated both from inside and out on the wraparound balcony. Additionally providing 12 partitioned offices, meeting rooms, staff break out areas, a large reception area, and a server room with individual air conditioning, the building boasts multiple amenities and extensive storage. A security system, cameras, keyless entry, wealth of windows, C-Bus lighting, zoned heating/refrigerated cooling and 10,000 litre rainwater tank, plumbed to toilets, further appeal. Exceptional on site parking extends to 16 secure covered car spaces. Moments to the area's finest homes, close to Edgars Creek, Coburg Lake Reserve, parkland, leisure facilities, vibrant Sydney Road, transport, Mercy College, Merri Creek Trail, a short drive to the Ring Road/Hume Freeway and just ten kilometres north of the CBD, the locale also has more than its share of strengths.

Alexkarbon Real Estate
122 Errol Street, North Melbourne VIC 3051

Property ID: 502475346Last Updated: 6 Oct 2023

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78-86 Newlands Road
Coburg, VIC 3058

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