FOR SALE
$360,000

42 Bank Street
Cobram VIC 3644

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 150m2
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Commercial Freehold

* Opportunity to invest in this popular central location
* This commercial freehold has excellent tenants and returning $21,528.00 per year
* Tenant pays all council rates & water rates
* Dual street access from Punt road and Bank Street, Cobram
* For more detail please contact our office.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained herein. Prospective purchasers are advised to carry out their own enquires to verify the information contained in this document.
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Property Details for 42 Bank St, Cobram

Building Type
Commercial
Floor Size
150m2

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About Cobram 3644

The size of Cobram is approximately 83 square kilometres. It has 15 parks covering nearly 4.9% of total area. The population of Cobram in 2011 was 6,018 people. By 2016 the population was 6,013 showing a population decline of 0.1% in the area during that time. The predominant age group in Cobram is 60-69 years. Households in Cobram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobram work in a labourer occupation. In 2011, 65.7% of the homes in Cobram were owner-occupied compared with 65.8% in 2016.

Cobram has 4,134 properties. Over the last 5 years, Houses in Cobram have seen a 49.48% increase in median value, while Units have seen a 60.61% increase. As at 31 October 2024:

  • The median value for Houses in Cobram is $392,918 while the median value for Units is $315,172.
  • Houses have a median rent of $450 while Units have a median rent of $315.
There are currently 114 properties listed for sale, and 20 properties listed for rent in Cobram on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Cobram.

Suburb Insights for Cobram 3644

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Andrew Kerr
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Kerr Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.