SOLD
Sold on 20 Jun 2024 for $1,105,000

20/25-27 Hocking Street
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 380m2
Save

Property Details for 20/25-27 Hocking St, Coburg North

Building Type
Commercial
Land Size
380m2
Local Government
Merri-Bek
Lot/Plan
20/PS549009

Last Listing description (October 2019)

Savills is pleased to offer you 20 / 25-27 Hocking Street, Coburg North
Auction 30th November at 2pm.
Inspection Thursday 30 November 1:30pm - 2pm.

The property comprises a modern clear span office/warehouse totalling 384sq m (approx.). The property is of concrete tilt panel construction and benefits from container height roller door access. The suspended office of 56sq m (approx.) features reverse cycle heating/cooling. Toilet amenities are located on the ground floor along with a kitchenette.
Warehouse 384sq m (approx.)
Office 56sq m (approx.)
Container height roller door
On-site parking
Industrial Zone 1.
Vacant possession
This property is located in an established and highly sought after industrial estate with easy access to key arterials such as Sydney Road and Bell Street. Access to the industrial estate is via two points from Pallett Street and Hocking Street.
The site is located 10 kilometres (approx.) north of the Melbourne CBD and has easy access to Citylink, Essendon Airport and Melbourne Airport.
Auction Terms: 10% deposit, Settlement 30-60 days

Property History for 20/25-27 Hocking St, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$1,105,000
20 Jun 2024
Listed for Rent
02 Aug 2018
  • 20 Jun 2024
    Sold for $1,105,000
  • 20 Sep 2019
    Listed for Sale Not Disclosed
  • 07 Sep 2018
    Sold for $1,364,004
Sign in to see more transactions

Commute Calculator

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 5,197 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 15 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Coburg north.

Suburb Insights for Coburg North 3058

Market Insights
Coburg North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Coburg North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.