81 Bell Street

The complex comprises a period style two storey multiple tenancy mixed use building, incorporating eight ground floor shops and three first floor office suites. The improvements are of a conventional mode with high profile exposure to traffic volumes. The versatile floor plate and substantial gross building area of 1,193sqm net allows the astute investor to reposition the asset to extract maximum income. Tenancies can be combined or subdivided for a great value-add opportunity.

Coburg Corner is strategically positioned within the heart of Coburg’s major retail precinct. The property benefits from 2 vast street frontages, with 46.72m to Bell Street and 16.21m to Sydney Road.Sydney Road starts at the northern end of Royal Parade at the boundary of Parkville and Brunswick and continues north through Brunswick, Coburg, Coburg North, Hadfield, Fawkner, Campbellfield, Somerton and Craigieburn, where it joins the Hume Freeway. The property is within a booming and active apartment location, serviced by the vibrant and popular Sydney Road Retail Strip and the brand new Coburg North Village Shopping Centre on Gaffney Street (anchored by new Coles). The property is surrounded by an abundance of council car parking servicing the immediate area.