Prominent Coburg North Development Site
NSL Property Group and Colliers are pleased to offer 844-846 Sydney Road, Coburg North For sale.
The site is located within the strategic commercial and residential precinct of Coburg North and is promoted by accessibility to nearby public transport & road networks, retail and bulky goods district and an abundance of local parks and schools.
The property comprises a vacant motel and rooming facility, providing an excellent foundation and functionality for potential occupiers.
Key features of this development opportunity are highlighted below:
- Large land holding of 2,787m²* with three street frontages totalling 70m* plus
- Mixed-Use (MUZ) & General Residential (GRZ) zoning provides flexibility in uses and development outcomes (STCA) occupy, invest or develop
- Existing site improvements include a vacant motel and rooming facility, offering significant value-add and redevelopment potential
- Previously permitted site (subject to permit extension) for a mixed-use redevelopment comprising a motel and dwellings within a two-four storey building
- Coburg North is an inner-city suburb, characterised by leafy streets, chic boutiques, hip cafés and restaurants, only 9 km* from Melbournes CBD
- The suburb is well serviced by tram and bus routes at your doorstep, making access to the city, Northland Shopping Centre and Sydney Road Shopping Plaza very convenient.
- Notable locations include Village Cinemas, Mercy College, Pentridge Village and Aldi Supermarket
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