45 Gaffney Street, Coburg, VIC 3058

Industrial | Development/Land | Showrooms

Sold

Sold

  • Property ID: 420501
  • Floor Area: 2380m²
  • Land Area: 2380m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 22/11/2022 2380m2 2380m2 Contact Agent
ONE OF COBURGS LARGEST LOTS = MAIN ROAD ENERGY

POINT OF INTEREST:
Expressions of Interest (EOI) Closing Thursday 27th October at 2pm
A valuable landmark by every definition, this is a northside opportunity available for the first time in 40 years. Up for offer is a 2,380 sqm* site over 3 certificates of title with an existing building measuring in at 2,380sqm*. The current showroom/factory/warehouse is exposed to three separate streets in Gaffney, Cope, and Stock Street and its expansive main road position offers signage opportunity in a suburb already known for its industrial prowess and commercially savvy crowd.
Offered with vacant possession, options are to use or develop as your own, currently, the space serves as a kitchen and furniture showroom and manufacturer.
Because of this, space and storage have always been front of mind, but so has the potential to accommodate your office, warehouse/factory, supermarket, medical centre, multi-unit industrial development or seek a future rezoning to residential (STPA).
Amenities include ample street parking at the rear, huge showroom space, and even a visual of Batman railway station from the site. Your Gaffney Street neighbours deliver classic northside hospitality in a coffee roastery called Selvatica, a linen bedding store from In2Linen, the Round Again record store, and majors Bunnings and Officeworks Coburg is an expert in connecting you to the rest of Melbourne. Taking Nicholson Street into the CBD will get you there in 30 minutes, the M2 will cut that trip down by four minutes, and Sydney Road sits only 260 m* away.

- First time offered in 40 years
- 2,380 sqm* of land area.
- 2,380 sqm* of total building area.
- Industrial 3 zoning.
- 35 m* of frontage to Gaffney Street.
- 67 m* of frontage to Cope Street.
- Ample street parking at the rear.
- Opposite the 2.56 Ha proposed $350 million integrated retirement village by Ryman Healthcare
- 500 m* from Lincoln Mills homemaker centre.
- 260 m* to Sydney Road.
- 100 m* from Batman railway station.
- 13km* from Melbourne CBD.

POINT OF VIEW:
The Lincoln Mills homemaker centre sits 500 m* away, which means the crowd of 9,400* passing commuters on their way to Bunnings, Officeworks, or Petbarn. Turn their heads at 45 Gaffney Street, while they’re indicating.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: February 2023
  • Car Spaces: At rear
  • Condition: Various
  • Air Conditioning: Heating to showroom, air conditioning to offices
  • Floors: Concrete / tiled
  • Lifts: NA
  • Height: Various
  • Age: Various
  • Car Parking Fees: NA
Outgoings
  • Land Tax: $7,975.00 (single holding )
  • Council Rates: $4,245.53
Coburg Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6600 $395 5.99%
Industrial --- $124 ---
Retail $6238 $411 6.60%
This is the average advertised price, rent and yield for Coburg, VIC 3058*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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