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471-475 Sydney Rd 1,162 SF Retail Condo Unit Offered at $332,848 in Coburg, VIC 3058
Investment Highlights
- Single-level retail spaces within Walkers Arcade.
- Situated in a high-footfall precinct surrounded by established tenants and essential services.
- Includes kitchen/meals area, bathroom, fitting rooms, and storage.
- Set among major retailers, cafés & eateries, post office, banks and more.
Executive Summary
71–475 Sydney Road forms part of Walkers Arcade in Coburg, comprising approximately 2,177.44 square meters of ground-level retail accommodation. The internal space provides retail spaces with partitioned amenities including a kitchenettes, restroom facilities, and fitting areas. The location resides within a high-traffic retail corridor characterized by a mix of national retail operators, service businesses, food outlets, and local traders, supported by accessible parking and public transport along Sydney Road.
1 Unit Available
Unit 17
| Unit Size | 1,162 SF | Condo Use | Retail |
| Price | $332,848 | Sale Type | Investment |
| Price Per SF | $286.44 |
| Unit Size | 1,162 SF |
| Price | $332,848 |
| Price Per SF | $286.44 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Shop 17 at 471–475 Sydney Road forms part of Walkers Arcade in Coburg, comprising approximately 108 square meters of ground-level retail accommodation. The tenancy is subject to a lease agreement expiring January 2026 with an option for extension. The internal space provides partitioned amenities including a kitchenette, restroom facilities, and fitting areas. The location resides within a high-traffic retail corridor characterized by a mix of national retail operators, service businesses, food outlets, and local traders, supported by accessible parking and public transport along Sydney Road.
Sale Notes
Barry Plant Glenroy proudly presents Shop 17 within the iconic Walkers Arcade—a secure and tightly held retail investment in the vibrant Sydney Road precinct of Coburg. This 108 m² single-level tenancy combines quality with income reliability, underpinned by a fixed lease through January 2026 and an option to renew, providing certainty for savvy investors seeking immediate returns and long-term upside.
The property is currently occupied by an established clothing retailer and includes internal improvements such as a functional kitchen/meals area, bathroom, fitting rooms, and storage space. The arcade benefits from consistent pedestrian activity and proximity to major national retailers, banks, cafés, and the Coburg Post Office, further enhancing its enduring appeal.
Positioned within one of Melbourne’s most active arterial shopping strips, this property provides excellent connectivity via multiple transport links and offers both on-street and rear parking options. With steady rental income and prime exposure in a high-growth northern corridor, this asset is ideal for investors looking for a strategic, low-maintenance freehold opportunity.
Property Facts
| Total Building Size | 23,433 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 23,433 SF |
| Building Class | C | Lot Size | 0.54 AC |
| Total Building Size | 23,433 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 23,433 SF |
| Lot Size | 0.54 AC |
Amenities
- Signage
- Storage Space
Presented by
471-475 Sydney Rd
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