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CONO Business Park, Unit 4, 52 Bakers Road, COBURG NORTH, VIC, 3058
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CONO Business Park, Unit 4, 52 Bakers Road, COBURG NORTH, VIC, 3058

2. Property Highlights

An “In-Demand” Investment
  • New 5.5 Year Lease + Options
  • Rental of $70,000* p.a. net + GST
  • Building Area: 456sqm*

Fitzroys, in conjunction with Gross Waddell ICR, is excited to offer this highly versatile investment opportunity in the tightly held inner northern location of Coburg North.

Located in the new CONO Business Park superbly developed by Zap Property Group and close to all transport options and retail amenity.

Key investment highlights:

- Total floor area of 456sqm*with on-site carparking & rear R.S.D access

- Warehouse of 214sqm*

- Office of 242sqm*

Tenancy Details:

- Lessee: Nasiba Fashion Pty Ltd · www.nasiba.com

- Rental: $70,000 per annum net + GST

- Lease Term of 5.5 years commenced 18/2/2022

- Fixed annual increases of 3.75%

- Security Deposit $17,500

- Personal Guarantor

Key features include:

- Full street frontage to Bakers Road

- Stunning facades

- Secure motorised roller shutters

- Three phase power

- Energy efficient LED Lighting

- Integrated kitchenettes and amenity blocks

- Two levels of offices with city views

- CCTV security cameras

For further information, please contact one of the exclusive agents below.

FOR SALE BY PUBLIC AUCTION ON THURSDAY 5 MAY AT 12PM.

*approx.

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

CONO Business Park, Unit 4, 52 Bakers Road, COBURG NORTH, VIC, 3058

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4. Due Diligence

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  • Site Summary
  • Development Pipeline
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  • Surrounding Amenity
CONO Business Park, Unit 4, 52 Bakers Road, COBURG NORTH, VIC, 3058 Coburg North
Fitzroys
Fitzroys
Level 27, 360 Collins Street, Melbourne VIC 3000
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