The Perfect Set-and-Forget Entry Level Retail Investment
18B Pentridge Boulevard, Coburg, VIC 3058 Australia
OVERVIEW
Cushman & Wakefield Strata Markets is proud to exclusively present for sale 18B Pentridge Boulevard, Coburg secured by a 10-year lease to a renowned Pizzeria operator and positioned within the new Pace 3058 development.
Key investment highlights include:
- Brand new building, with a capital intensive fit-out, securely leased to proven Pizzeria operator.
- Boasting a 4.8-star online rating (google reviews) and previously recognised among the Top 10 Pizzerias by The AGE and the Australian Good Food Guide (source: The AGE, Australian Good Food Guide).
- Set and forget investment with a brand new 10-year net lease with options extending until 2044.
- Returning an annual income $72,250 + GST + Outgoings per annum with fixed annual increases.
- An expansive corner position spanning 170sqm* with dual street frontage, high ceilings and excellent natural light throughout.
- Positioned at the base of ‘Pace 3058’, a brand new 14-storey mixed use development consisting of 311 residential apartments completed in 2024, providing significant depreciation benefits.
- Positioned just one block away from the thriving Sydney Road core retail precinct and 300 metres* from the $1.2 billion Pentridge Village redevelopment.
For Sale via Expressions of Interest closing on Wednesday 2nd of April 2025 at 12pm.
For further information, please contact Cushman & Wakefield Strata Markets as the exclusive selling agents:
Raphael Favas | 0435 916 380
Jeff Ha 石军豪 | 0401 145 166
Jack Cooper | 0498 231 704
- North MelbourneDetails
- Building Size:
- 170 SQM
- Sale Price:
- Contact us for pricing
AVAILABILITIES