SOLD
Sold on 26 Jul 2024 for $2,800,000

5 Milkman Way
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 998m2
Land area: 1431m2
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Property Details for 5 Milkman Way, Coburg North

Building Type
Commercial
Floor Size
998m2
Land Size
1431m2
Local Government
Merri-Bek
Lot/Plan
16/PS545946

Last Listing description (June 2013)

Impressive office/warehouse with Dual Roller Shutter Doors.
This Impressive office/warehouse is a great opportunity for your business to take an advantage.
The property is located within a highly sought-after industrial 1 zoned precinct and centrally situated within close proximity to Both Bell street Coburg and Mahoney road Thomastown.

This quality building offers owner/occupiers the advantage of:
• Dual roller shutter door access to the clear-span warehouse area
• 7 Metres of clear-span warehouse height
• Well appointed ground and first floor office space
• Steel security gates enclosing the site
• The ability to store and unload 40ft containers on site
 
For all sale and leasing enquires, please contact for an inspection.

Property History for 5 Milkman Way, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$2,800,000
26 Jul 2024
Listed for Rent
$1.53k/w
02 Jul 2013
  • 26 Jul 2024
    Sold for $2,800,000
  • 24 Oct 2018
    Sold for $1,500,000
  • 08 Jun 2013
    Listed for Rent - Price not available
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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

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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.