155 Newlands Road Coburg North VIC 3058

Factory, Warehouse & Industrial
670 m²
Sold

Iconic Site – 10 Year Lease – Significant Land Holding

- Landmark site within inner north location
- Excellent connectivity to Melbourne CBD (approx. 11kms), Port of Melbourne (approx. 13kms) and Melbourne International Airport (approx. 17kms)
- 10 year triple net lease guaranteed by Village Cinemas Australia Pty Ltd
- Commencing rental of $597,000 p.a. net
- Fixed annual 3% rental increases
- Significant land holding of 8.1 hectares within constrained market
- Industrial 1 zone
- Multitude of future redevelopment options (STCA)
- High underlying land value underpins the asset

JLL - Melbourne

Level 33/101 Collins St

Melbourne, VIC 3000

Property Highlights

Date Sold	6 Jan 2020
Floor Area	670 m²
Land Area	8.17 ha
Parking	Ask Agent
Property ID	2014634092
Category	Factory, Warehouse & Industrial
Last updated	6 Jan 2020

Map for 155 Newlands Road Coburg North VIC 3058

JLL - Melbourne

Level 33/101 Collins St

Melbourne, VIC 3000

Property Highlights

Date Sold	6 Jan 2020
Floor Area	670 m²
Land Area	8.17 ha
Parking	Ask Agent
Property ID	2014634092
Category	Factory, Warehouse & Industrial
Last updated	6 Jan 2020

Listed by

JLL - Melbourne

Call

03 96726666

More about 155 Newlands Road Coburg North VIC 3058

155 Newlands Road Coburg North VIC 3058 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 670 m² and a land area of 8.17 ha. The listing ID for this property is 2014634092.

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