SOLD
Sold on 08 Jan 2024 for $600,000

18 Hay Avenue
Cobram VIC 3644

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 115m2
Land area: 970m2
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Property Details for 18 Hay Ave, Cobram

Building Type
Commercial
Floor Size
115m2
Land Size
970m2
Local Government
Moira
Lot/Plan
PC355060

Last Listing description (September 2023)

Positioned on a 969sqm allotment size (approx), this commercial property is located in a prime location overlooking Mivo Park and spans from Hay Ave through to Pine St. The large building is currently tenanted at $37,100 per annum plus outgoings as a medical clinic but as it has two entrances, could be leased as two separate entities in the future due to the way that it is set out. The property offers large waiting area and reception area, ten offices, two toilet areas, kitchen, storage, second reception/entrance and off street parking.

We have in preparing this information used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 18 Hay Ave, Cobram, VIC 3644

A timeline of how this property has performed in the market
Last Sold
$600,000
08 Jan 2024
  • 08 Jan 2024
    Sold for $600,000
  • 18 Jun 2022
    Listed for Sale $700,000
  • 01 Jun 2019
    Transferred
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About Cobram 3644

The size of Cobram is approximately 83 square kilometres. It has 15 parks covering nearly 4.9% of total area. The population of Cobram in 2011 was 6,018 people. By 2016 the population was 6,013 showing a population decline of 0.1% in the area during that time. The predominant age group in Cobram is 60-69 years. Households in Cobram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobram work in a labourer occupation. In 2011, 65.7% of the homes in Cobram were owner-occupied compared with 65.8% in 2016.

Cobram has 4,144 properties. Over the last 5 years, Houses in Cobram have seen a 49.48% increase in median value, while Units have seen a 60.61% increase. As at 31 October 2024:

  • The median value for Houses in Cobram is $392,918 while the median value for Units is $315,172.
  • Houses have a median rent of $450 while Units have a median rent of $315.
There are currently 120 properties listed for sale, and 21 properties listed for rent in Cobram on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Cobram.

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