FOR SALE
$60,000

399 Bell Street
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
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Restaurant - Café' – Take away

Corner location sits on the intersection of 2 main streets, within Coburg’s busy business, commercial and residential area. Equipment sale. Large premises, with full liquor license.50 seating capacity. Fully equipped. * Sell equipment with negotiable lease terms *Reasonable rent of $2500 per month * Selling price $60,000.
For more information and to arrange an inspection upon completion of confidentiality agreement, please contact-
Aviral Aggarwal on 0416 931 382
or
Email: aviral@vic.oxbridge.com.au
***** Exclusively Listed with Oxbridge Property Group*****
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Property Details for 399 Bell St, Coburg

Building Type
Commercial

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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 14,579 properties. Over the last 5 years, Houses in Coburg have seen a 18.01% increase in median value, while Units have seen a 11.68% increase. As at 30 November 2024:

  • The median value for Houses in Coburg is $1,202,178 while the median value for Units is $598,596.
  • Houses have a median rent of $695 while Units have a median rent of $540.
There are currently 48 properties listed for sale, and 33 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Coburg.

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Aviral Aggarwal
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Oxbridge Property Group
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