FOR SALE
$379,000

3b/41 Stockade Avenue
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 47m2
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OUTSTANDING ENTRY LEVEL LEASED INVESTMENT OPPORTUNITY

- Outstanding entry-level retail/office/allied health leased investment opportunity in the exclusive Pentridge Precinct
- Freshly painted building area of 47 sqm approx with split system air conditioning
- Features an abundance of natural lighting with the floor to ceiling façade windows
- Fully fitted with a kitchenette, DDA-compliant toilets, polished concrete flooring, and gallery lighting
- Other extras including floor to ceiling blinds, additional dedicated power circuits and points on all wall
- Close proximity to the recently completed IGA and shopping/office amenities
- Secure basement car space
- Activity Centre Zone
- NO GST PAYABLE
Summary of the lease terms:
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Property Details for 3b/41 Stockade Ave, Coburg

Building Type
Commercial
Floor Size
47m2

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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 14,479 properties. Over the last 5 years, Houses in Coburg have seen a 28.12% increase in median value, while Units have seen a 11.17% increase. As at 30 September 2024:

  • The median value for Houses in Coburg is $1,222,317 while the median value for Units is $588,919.
  • Houses have a median rent of $693 while Units have a median rent of $530.
There are currently 59 properties listed for sale, and 22 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 540 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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John Kalpakis
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Mitch Kalpakis
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Ray White Preston
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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.