This article is from the Australian Property Journal archive
A PREVIEW of rural and commercial property investment opportunities available across Australia.
Feature your deals in the daily wrap, submit transactions to news@australianpropertyjournal.com.au, sponsorship opportunities available contact marketing@australianpropertyjournal.com.au.
Richmond, VIC
Coppin House, a substantial freehold city fringe office/warehouse freehold in inner city Melbourne has hit the market with a $3.9 million asking price.
Located at 47 Coppin Street, Coppin House boasts strategic mixed-use zoning, a architecturally designed internal fit-out, off-street parking and a favourable short-term holding income.
The two-level building spans 779 sqm on a 510sqm landholding with front, side and rear access, including a 3.1 metre clearance roller door fronting Coppin Street.
The property’s central Richmond location is underpinned by immediate access to two major retail strips Bridge Road and Swan Street.
Dylan Kilner, Max Warren and Shawn Luo from Stonebridge Property Group have been appointed to sell the asset.
Brighton, VIC
A quadruple fronted retail asset in Melbourne’s affluent bayside suburb of Brighton is expected to pull in more than $5.5 million when it goes under the hammer.
Spanning 495sqm at 307 Bay Street, just 11km out from the CBD, the double-storey building is currently leased to Jellis Craig Bayside and Glen Eira Pty Ltd, providing annual rental returns of $243,363.
Placed on a 345sqm zoned Commercial 1 island site in the heart of the leading retail strip, the property has multiple potential uses and redevelopment options.
Ted Dwyer, Ben Baines and Eddie Foulkes from Colliers have been exclusively appointed to manage the sale via public auction on 14 December 2023.
DA approved Surry Hills building set for major transformation.
Surry Hills, NSW
A DA-approved commercial development at 9-13 Brisbane Street has hit the market, with plans for a seven-storey commercial building at the property.
Located in the heart of Surry Hills, the asset is being sold with approved plans through architecture firm Grimshaw Architects 2,484sqm of gross floor area.
The property’s location boasts easy access to the Sydney CBD, the eastern suburbs, the future Tech Central hub and public transport links.
Paul Ephron and Matt Pontey from Colliers have been exclusively appointed to manage the sale of the site via an expressions of interest campaign set to close on 7 December 2023.