5-7 Lyon Street, Coburg North, VIC 3058

Industrial

Sold

  • Property ID: 440552
  • Floor Area: 880m²
  • Land Area: 1110m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 18/07/2024 880m2 1110m2 Contact Agent
FUNCTIONAL FOOD PROCESSING FACILITY

Vinci Carbone are pleased to offer this fully functional food processing facility located within the well-established industrial precinct of Coburg North.

The property’s key attributes are ideal for owner occupiers looking to establish themselves in a prominent and highly sought after location.

Key highlights:

Building area of 880 sqm*
Substantial land holding of 1,110 sqm*
Industrial 1 zoning
Four (4) on-site car parks
Offered with vacant possession


The property is surrounded by high profile occupants including Burson Auto Parts, Aurora Foods, Bunnings, Officeworks, RSEA Safety, Bridgestone & Coles.

Lyon Street is positioned in an established and highly sought after industrial precinct, close to Sydney Road, Gaffney Street and Bell Street.

We strongly recommend your consideration of this extremely rare industrial offering.

*approx

Additional Information
Features
  • Car Spaces: 4
Coburg North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4058 $198 4.87%
Retail $2625 $269 10.25%
Offices $4324 $138 3.20%
This is the average advertised price, rent and yield for Coburg North, 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:

  • 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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