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138 Elizabeth Street, Coburg North VIC 3058

THREE IN ONE INVESTMENT GOLDMINE!

On a sizeable corner allotment (approx 250sqm) with Coburg Hill Shopping Centre virtually across the road, this unique property delivers an immediately rewarding rental yield (approx $45K per annum), along with future options to enhance or possibly redevelop (STCA). Three separate dwellings comprise a corner shopfront (approx 55sqm) with retail space, separate consulting room, office and powder room, plus two separate residential apartments (1 x 2BR and 1 x 1BR) and single garage via McNamara Street. Solid rental returns and impressive capital growth with Commercial 1 Zoning (C1Z) as well as instant access to public transport - what an opportunity!

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Property Sold

Sold 25/10/2017 $1,260,000


Coburg North

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