15 Urquhart StreetCoburg VIC 3058
Property Details for 15 Urquhart St, Coburg
Last Listing description (September 2016)
Take investing up a notch with this magnificent premise within Historic Old Pentridge Prison, offering fantastic return, unbeatable prestige position and exposure, street frontage and original blue stone fa ade. Currently it s known as The Glass Den Caf , catering to the relaxed cosmopolitan lifestyle of people living in-house and beyond.
Floor area 233 square metres approx includes the surrounding marquee
Renovated with glass garden outlook
Current rental income $67,600 per annum plus gst plus outgoings
Securely leased to 31st July 2017 with 4 further options of three (3) years
Agent: Brace Real Estate
Mario Butera 0412 380 400
Julian Butera 0412 831 838
Property History for 15 Urquhart St, Coburg, VIC 3058
- 11 Feb 2016Listed for Sale Not Disclosed
- 03 Oct 2011Sold for $850,000
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0About 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 14,579 properties. Over the last 5 years, Houses in Coburg have seen a 18.01% increase in median value, while Units have seen a 11.68% increase. As at 30 November 2024:
- The median value for Houses in Coburg is $1,202,178 while the median value for Units is $598,596.
- Houses have a median rent of $695 while Units have a median rent of $540.
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