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Large landholding – Invest / Occupy / Develop (STCA)

1-5 French Street, COBURG VIC, 3058

For Sale

Property for Sale in 1-5 French Street, COBURG VIC, 3058

ICR Property Group

L 1, 373 Queen Street, Melbourne, VIC 3000

Listing ID:
11362409
Status:
Active
For:
Sale
Price:
CONTACT AGENT
Last Updated:
20/05/2020
Icon building

Property Type

Land/Development/Industrial/Warehouse/Offices
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Land Area

3456 SQM
Icon size

Floor Area

1130 SQM
Icon parking

Parking

N/A

Large landholding – Invest / Occupy / Develop (STCA)

ICR Property Group are delighted to present 1-5 French Street, Coburg North For Sale.

This large industrial block of land comprises of a single storey warehouse and offices, situated 12 kms* from Melbourne CBD with fantastic access to the Hume Highway and Western Ring Road.

1-5 French Street is supported with everything you need – close proximity to the city, the retail, dining, shopping and transport options on Sydney Road and Bell Street, and the local Merri Creek nature reserve and sporting venues.

Key features of this Asset include:
- Land area: 3,456 sqm*
- Building area: 1,130 sqm*
- Large rear yard
- NET passing income: $72,000 p.a.* + Outgoings
- Lease commencement date: 1st June 2019; Lease expiry date: 31st May 2020
- 43.96 metre* frontage to French Street
- Potential business park development opportunity (STCA)
- Recessed truck loading bay area
- Six (6) offices
- Ample on-site car spaces
- Drive around truck access
- Kitchenette and amenities
- Industrial 1 zoning

Location & Amenities:
- Lincoln Mills Homemaker Centre: 350 m*
- Batman Train Station: 650 m*
- Sydney Road retail strip: 950 m*
- CityLink: 3.5 kms*
- Hume Freeway & Metropolitan Ring Road: 4.5 kms*
- Melbourne CBD: 12 kms*

*Approx.

To request due diligence documents or to organise an inspection, contact ICR’s Exclusive Sales Agents below.

Julian Materia – 0498 188 011
Raff de Luise - 0418 533 633

***Note on Private Inspections***

ICR Property Group are committed to providing a safe environment for you and our clients, as well as a safe working environment for our colleagues.

Due to the current Covid-19 restrictions, ICR are now conducting inspections by private appointment only.

We ask for your assistance during these private inspections to adhere to the social distancing rules and refrain from touching any surfaces. Should you wish to see the functionality of any devices, please ask the accompanying agent.

Please do not request an inspection if:
- You have a high temperature/fever, coughing, sore throat or shortness of breath
- You have encountered someone experiencing flu-like symptoms
- You have returned from overseas in the past two weeks
- You have been in contact with someone who has been diagnosed with Covid-19

Thank you for your patience. Together we can help slow the spread of Covid-19 within our community.

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate for over 20 years.

For more details, please email agent

ICR Property Group

L 1, 373 Queen Street, Melbourne, VIC 3000


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