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Sold on 17 Oct 2024 - Price Unavailable

9/95 Bell Street
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 65m2
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Property Details for 9/95 Bell St, Coburg

Building Type
Commercial
Floor Size
65m2
Local Government
Merri-Bek
Lot/Plan
7/RP12118

Last Listing description (October 2024)

Located in the ever popular Coburg Shopping Precinct is this fantastic freehold opportunity ready leased with established tenancy in play. Coburg Station within walking distance, tram and ever popular Sydney Road Shopping Hub at your doorstep. Features an established business "Modern Image" Hair, Nail & Beauty.

Features:
- Approx 65 sqm street facing shop

- Currently return $22,000 PA (plus all outgoing payable by tenancy)
- CPI increases annually
- Business Zone 1
- 4x4 year lease in play.

Call for your personal inspection!

Open tomorrow 1.30-2.00PM AUCTION DAY

Terms:
10% Deposit
30/60 day settlement

Property History for 9/95 Bell St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
17 Oct 2024
Listed for Rent
$345/w
10 Mar 2015
  • 17 Oct 2024
    Sold for $422,000
  • 13 Sep 2024
    Listed for Sale $450,000 - $495,000
  • 19 Feb 2015
    Listed for Rent $18,000 / year
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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 14,472 properties. Over the last 5 years, Houses in Coburg have seen a 23.06% increase in median value, while Units have seen a 12.70% increase. As at 31 October 2024:

  • The median value for Houses in Coburg is $1,220,430 while the median value for Units is $592,986.
  • Houses have a median rent of $693 while Units have a median rent of $530.
There are currently 63 properties listed for sale, and 27 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 538 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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Contact agent
Sebastian Rello
Show contact details
Ray White Glenroy
Preferred contact:
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.