 | Sale Date: December 2021 Net Income: $1,090,000 pa Area: Building: 5,581m2 197 cars Land: 13,496m2 Lessee: 100 Cooper St: JMG (Northern Honda) 88 Cooper St: Burson / GPC (NAPA) / Spice n’ Things Zoning: Activity Centre (ACZ) Zone - Schedule 1 (Precinct 7). Higher density (9-25m) commercial, residential and mixed use development is encouraged in this precinct. Sale Process: Expressions of Interest Sale Price: Undisclosed Sold By: Paul Burns 0412 244 274 burnsp@fitzroys.com.au Chris James 0421 779 714 jamesc@fitzroys.com.au | ||
88 & 100 Cooper Street, Epping Sold In One Line To Local Private Buyer | |||
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Description: Two high profile, free-standing new/refurbished showroom and logistics buildings, fully leased to quality tenants. 100 Cooper St: Automotive dealership leased to Northern Honda (10 years) from July 2021. 88 Cooper St: Three showrooms leased to national tenants (4.5 year WALE) Location: Island site (4 Street frontages) immediately opposite Pacific Epping Regional Shopping Centre, approximately 18kms North of the Melbourne CBD. This part of Cooper Street, Epping is experiencing major growth with a number of significant infrastructure projects and other higher density developments. | |||
* All figures are approximate | |||