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Sale Details

Sold on 12 Sep 2018 for $760,000

Description

CVA Property Consultants are pleased to offer 30 & 30A Trade Place, Coburg North for sale via Auction on Wednesday 12th September 2018 at 12pm on-site.

Freehold building is situated on a 668m2* land holding in an established industrial pocket of Coburg North. Located just off Newlands Road, the property is 1.5km* from Murray Road allowing for easy commute to Bell Street, Tullamarine Freeway, Hume Highway and the Metropolitan Ring Road.

Investment Summary

30 Trade Place, Coburg North
Tenant: Northern Sharpening Services Pty Ltd
Current Return: $23,175.00 p.a. net
Term: Three (3) years
Options: Three (3) years

A 427m2* clear span warehouse featuring container height roller shutter door, staff amenities, kitchenette and small office area.

30A Trade Place, Coburg North
Tenant: Trade Place Cafe
Current Return: $12,872.76 p.a. net
Term: Five (5) years
Options: Five (5) years

Small cafe of 80m2* comprising a small industrial kitchen, air-conditioning, internal and external seating areas and staff amenities.

For further information please contact CVA Property Consultants.

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