Expressions Of Interest - Closing Thursday 29th October at 5pm (unless sold prior)

412 Sydney Road, COBURG VIC 3058
$1,500,000 to $1,600,000

PRIME SYDNEY ROAD INVESTMENT – DUAL-INCOME COMMERCIAL & RESIDENTIAL OPPORTUNITY

Positioned in a high-traffic and highly visible section of Sydney Road, Coburg, This property presents an outstanding opportunity for investors seeking a versatile mixed-use property with strong existing income.

The property comprises a commercial shopfront with a spacious 2-bedroom dwelling above, providing the ideal combination of commercial and residential income streams in one of Melbourne’s established and tightly held inner-north locations.
The ground-floor shop benefits from excellent exposure to passing traffic and is currently returning approximately $45,000 per annum, while the Two-bedroom residence above provides an additional $25,000 per annum in rental income.

Key investment highlights:
• Prime Sydney Road, Coburg location
• High-traffic and high-exposure position
• Ground-floor commercial shop
• Separate 2-bedroom dwelling above
• Commercial income of approximately $45,000 per annum approx | leased until 2037.
• Residential income of approximately $25,000 per annum approx | leased July 2027
• Dual-income investment with diversified rental streams
• Excellent potential for owner-occupiers, investors or future strategic redevelopment (STCA)

With its prominent position, dual-income configuration and strong rental returns, this investment offers an exceptional opportunity to secure a versatile commercial and residential investment in the heart of Coburg.

An ideal addition to any investment portfolio, this property combines location, exposure and income with the long-term appeal of one of Melbourne’s established inner-north commercial precincts.

Inspection is highly recommended.
Call Joe Pollina to arrange a private inspection.

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