4 Gemmell StreetCobram VIC 3644
Property Details for 4 Gemmell St, Cobram
4 Gemmell St, Cobram is a 4 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1975. The property has a land size of 670m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2024)
Fantastic opportunity to purchase 4 one bedroom units under one roofline. Sited on 670m block, each unit consists of a kitchen with ample cupboard space & breakfast bar, bedroom with built in robe, air conditioning and ceiling fan. Externally there are 3 carports with additional off street parking and secure rear yards.
This property is just a short walk to the town centre, offering residents easy access to amenities, shops, and entertainment. Boasting an excellent long-term rental history with combined rental income of $800 per week, it provides a solid return on investment and is ideal for investors seeking a hassle-free, income-generating property.
Whether youre a seasoned investor or looking to make your mark in the property market, don't miss out on this rare opportunity to own a block of units in an excellent location.
These details have been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Property Code: 4706
Property History for 4 Gemmell St, Cobram, VIC 3644
- 17 Jan 2024Listed for Sale Under Contract
- 30 Jan 2023Sold for $345,000
- 04 Jan 2023Listed for Rent $370 / week
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0About 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 4,143 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.
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