Property Details
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Contact Agent
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Retail
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1183 sqm
Agent Details
SOLD
Iga, 12-20 Nicholson Street, Coburg
HIGH YIELDING SUPERMARKET INVESTMENT
Teska Carson are pleased to offer ‘IGA Coburg’ at 12-20 Nicholson Street, Coburg for sale via Expressions of Interest closing Thursday 28th November at 3pm.
An outstanding opportunity to secure a rarely offered supermarket in a high growth precinct only 6km from the CBD.
* Leased to IGA Distribution (Vic) Pty Ltd – Metcash
* Income: $431,939 per annum
* Building Area: 1,183sqm
* 15 + 6 + 6 + 6 year lease (commenced 2012)
* Low land tax exposure
* Ground floor of ‘The Nicholson’ complex comprising over 200 units
For further information, contact the listed agents.
An outstanding opportunity to secure a rarely offered supermarket in a high growth precinct only 6km from the CBD.
* Leased to IGA Distribution (Vic) Pty Ltd – Metcash
* Income: $431,939 per annum
* Building Area: 1,183sqm
* 15 + 6 + 6 + 6 year lease (commenced 2012)
* Low land tax exposure
* Ground floor of ‘The Nicholson’ complex comprising over 200 units
For further information, contact the listed agents.