FOR SALE
$639,000

1/5 Industry Lane
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Lifestyle brilliance and stylish design in Pentridge conversion

Etched with history and blessed with stylish industrial-chic design, this two-bedroom, two-storey residence offers hip, loft-style living in the iconic Pentridge conversion. Steps from cinemas, cafés, retail and Coburg Lake Reserve, it’s perfectly positioned to deliver winning Inner North living.
Tucked away in a secluded residential nook, step inside this hidden gem and take in the eye-catching exposed brick walls that highlight the home. The ground floor flows from a living space past sleek kitchen (stainless steel splashback and appliances), study nook and laundry, out to a quiet courtyard deck set against Pentridge’s heritage bluestone walls.
Ascend to a first floor set under airy slanted ceilings and against exposed brick, where two bright bedrooms sit either side of a beautiful bathroom boasting a bath, walk-in rainfall shower and ample mirrored cabinets. Further highlights include split-system heating/cooling and secure garage carspace and full-length storage cage.
The brilliant lifestyle locale is a few short steps from all the cinemas, amenities and highlights of Pentridge Piazza. Stroll to Coburg Lake Reserve and the Merri Creek Trail, or down to Sydney Road’s vibrant cosmopolitan strip. Trams stop right nearby, and it’s an easy walk to both Batman and Coburg train stations.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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Property Details for 1/5 Industry Lane, Coburg

1/5 Industry Lane, Coburg is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Woodards Ascot Vale.

Building Type
Apartment

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About Coburg 3058

The size of Coburg is approximately 7 square kilometres. It has 33 parks covering nearly 7.4% of total area. The population of Coburg in 2011 was 24,976 people. By 2016 the population was 26,172 showing a population growth of 4.8% in the area during that time. The predominant age group in Coburg is 30-39 years. Households in Coburg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg work in a professional occupation. In 2011, 65.8% of the homes in Coburg were owner-occupied compared with 62.8% in 2016.

Coburg has 14,513 properties. Over the last 5 years, Houses in Coburg have seen a 37.64% increase in median value, while Units have seen a 15.76% increase. As at 31 July 2024:

  • The median value for Houses in Coburg is $1,239,279 while the median value for Units is $616,063.
  • Houses have a median rent of $678 while Units have a median rent of $520.
There are currently 53 properties listed for sale, and 28 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 536 properties were sold in the past 12 months in Coburg.

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Sam Abboud
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Madison Knox
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Woodards Ascot Vale
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