64 Newlands Rd 1,141 SF Retail Building Coburg North, VIC 3058 $530,998 ($465.39/SF)

64 Newlands Road presents an exceptionally rare opportunity to secure a freehold property in one of Coburg North’s most tightly held commercial strips. This boutique asset offers a strategic landholding with genuine flexibility for owner-occupiers, investors, or developers seeking long-term upside.
The property occupies a well-exposed corner position, delivering strong street presence and excellent visibility. Comprising approximately 106 m² of internal space on a 123 m² allotment, the site benefits from rear laneway access and Commercial 1 zoning, which supports a wide range of uses and future development potential (STCA).
Currently returning $23,400 per annum on a periodic lease, the property can be sold with income security or vacant possession, providing immediate options for occupation or redevelopment. Surrounded by established businesses and positioned near major growth drivers, this is a blue-chip opportunity in a precinct undergoing significant transformation.