Investment Property
For Sale
  • Retail
  • The Perfect Set-and-Forget Entry Level Retail Investment

    18B Pentridge Boulevard, Coburg, VIC 3058 Australia
    Investment Property
    For Sale
  • Retail
  • The Perfect Set-and-Forget Entry Level Retail Investment

    18B Pentridge Boulevard, Coburg, VIC 3058 Australia
    Building Size
    170 SQM
    Building Size
    170 SQM

    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 Melbourne

    Details

    Building Size:
    170 SQM
    Sale Price:
    Contact us for pricing

    AVAILABILITIES

    LOCATION

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