Nestled in the sought-after and prominent locale of Coburg North, this prominently positioned shopfront, currently serving as an Australia Post Outlet, presents an exceptional opportunity to enhance your investment portfolio with a high-quality commercial property, complete with a rear dwelling.
Conveniently situated directly opposite the bustling Coburg Hill Shopping Centre, this property boasts a 3-bedroom rear dwelling featuring a kitchen, living area, bathroom, and a single garage, with a unique rooftop terrace for added allure.
Surrounded by a vibrant selection of restaurants and cafes, the property also benefits from the proximity of Coburg Hill Shopping Centre, home to Woolworths, Jetts Gym, Degani Bakery, a pharmacy, and more – all just a stone's throw away!
Experience the potential of this unique offering through a scheduled inspection.
Enquiries are welcome – seize this opportunity today!
*Vacant possession available post March 2024
*Floor plan available on request
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 5,136 properties. Over the last 5 years, Houses in Coburg North have seen a 24.31% increase in median value, while Units have seen a 16.38% increase. As at 31 October 2024:
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