FOR SALE
$800,000 - $850,000

7 Mantell Street
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 115m2
Land area: 476m2
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Art-Deco Commercial Gem in the Heart of Coburg North

Discover 7 Mantell Street, Coburg North – a unique commercial property that combines secure tenancy with character-filled design in a prime location. Currently tenanted and generating a steady income of $2,333 per month, this property is perfect for investors seeking a high-yield asset or businesses looking for a distinctive space.
This commercial building exudes art-deco appeal, featuring charming pendant lighting, exposed brick walls, and dark-tinted floorboards that add a unique character. The practical layout includes a spacious kitchen and offers modern comforts with reverse-cycle heating and cooling throughout, ensuring a comfortable environment year-round.
The property also benefits from off-street parking and side access, making it easily accessible for both staff and customers. Security is paramount, with security shutters, a video intercom, an alarm system, and optional CCTV (enquire for more details), providing peace of mind for owners and tenants alike.
Located in the thriving commercial precinct of Coburg North, this property offers easy access to major roads and transport links, making it a strategic choice for businesses looking for convenience and style.
Whether you’re an investor looking to expand your portfolio with a stable, income-generating asset or a business searching for a standout space that offers both functionality and flair, 7 Mantell Street is a must-see.
Don’t miss out – contact us today to arrange a private inspection and explore the possibilities this exceptional property has to offer!

Property Details for 7 Mantell St, Coburg North

Building Type
Commercial
Floor Size
115m2
Land Size
476m2

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About Coburg North 3058

The size of Coburg North is approximately 4.9 square kilometres. It has 20 parks covering nearly 18.4% of total area. The population of Coburg North in 2011 was 6,575 people. By 2016 the population was 7,615 showing a population growth of 15.8% in the area during that time. The predominant age group in Coburg North is 30-39 years. Households in Coburg North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg North work in a professional occupation. In 2011, 66.7% of the homes in Coburg North were owner-occupied compared with 66% in 2016.

Coburg North has 5,196 properties. Over the last 5 years, Houses in Coburg North have seen a 24.18% increase in median value, while Units have seen a 12.64% increase. As at 30 November 2024:

  • The median value for Houses in Coburg North is $1,054,204 while the median value for Units is $687,907.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 16 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Coburg north.

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Kamal Kanaan
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