9-11 Hocking Street (Corner Pallet Street) Coburg North 3058 Victoria, Australia
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ICONIC AUSTRALIAN CHOCOLATIER HQ EST 1914 - SOLD $1,650,000

* ICONIC AUSTRALIAN CHOCOLATIER HQ EST 1914

* EVOLVING INNER CITY INDUSTRIAL POCKET

* Auction - 11am AEDT Wednesday 10th December 2014, River Room Crown Casino

* As new 10 year lease plus options through to 2039

* Annual fixed 3% increases

* Lessee pays all usual outgoings including single holding Land Tax

* Industrial corner site of 1,337m2 approx. with dual access and exposure of 78 metres approx.

* Versatile buildings totalling 1,148m2 approx. including two level Hillier's head office plus maintenance facility

* Strategic position central to other properties occupied by Hillier's

* Hillier's: One of Australia's first chocolatiers, celebrating 100 years

* Improving inner city pocket, future development and/or easy subdivision potential (STCA)

* Rent: $130,006 pa (February 2015)

* Call Dean Fornaro today on 0432 50 50 60 for further details or an inspection

Property features
Property Id
Commercial Category office, warehouse, industrial, investment, development
Commercial Listing Type sale
Commercial sold
Sold Date 2014-12-10 00:00:00 UTC
Address 9-11 Hocking Street (Corner Pallet Street) Coburg North 3058 Victoria, Australia
Price
Commercial Rent $130,006.00
Area 1,148m2 approx.
Land Area 1,337m2 approx.
Commercial Authority auction
Return 130006.0
Sold Price $1,650,000.00
Tax unknown
Tenancy tenanted
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Domain Commercial Real Estate
Office:
(03) 9020 2727
Email:
info@dcre.com.au