64 Newlands Road

Coburg North VIC 3058

123 m²

House

Currently for sale - view listing

Overview

Rare Freehold Opportunity | Boutique Commercial Strip

An incredibly rare opportunity to secure a freehold shop within a tightly held local commercial strip - a strategic landholding with genuine flexibility and upside. Property Highlights: - Freehold title in a boutique, highly sought-after commercial pocket - Land area: 123m²* with rear laneway access - Commercial 1 Zone - neighbouring three-storey developments (STCA) - Well-exposed corner position with strong street presence - Sold with flexibility: subject to periodic lease returning $23,400 PA, or vacant possession available The Location Advantage: Positioned in close proximity to the transformative Pentridge residential and commercial redevelopment, Coburg Lake, the thriving Sydney Road retail precinct, and local retail amenities - this is a landholding in a precinct on the rise. Who Should Consider This: - Owner-occupiers seeking a rare freehold commercial space - Investors looking for secure income with long-term capital growth - Developers eyeing future potential in a Commercial 1 Zone with established development precedent Opportunities like this rarely surface. For further details or to arrange an inspection, contact Omar Morsi 0432418089. *Approximate* (Photo ID Required for inspections.) (We have obtained all information in this advertisement/document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own due diligence.)