SOLD
Sold on 07 Dec 2023 for $1,500,000

8-10 Lens Street
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1222m2
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Sold By
John Camilleri
KILLEN THOMAS MELBOURNE
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Property Details for 8-10 Lens St, Coburg North

Building Type
Commercial
Land Size
1222m2
Local Government
Merri-Bek
Lot/Plan
128/LP8657

Last Listing description (October 2023)

* Two Factories to be Sold.
* Vacant Possession
* Buy One or Both


* 8-10 Lens Street details;
Building area: 800 m2 approx. - 2 titles to be sold together.
Land area: Lot 127 - 642 m2 approx.
Lot 128 - 580 m2 approx.
Combined 1222 m2 approx.

* This building is being sold subject to a monthly tenancy.

* Two outstanding opportunities to purchase prime industrial real estate located on the northern fringe of Melbourne in a well established industrial location.

* Vacant possession (monthly tenancy)
* Zoning: Industrial 1 zone
* Terms: 10% deposit, balance 30/60/90 days

* The properties are being sold individually with the opportunity to purchase one or both on the same day of the auction, please note that these buildings will be SOLD.

* Call John Camilleri today on 0409 327 120 for further details or an inspection.

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Property History for 8-10 Lens St, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$1,500,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $1,500,000
  • 09 Oct 2023
    Listed for Sale Contact Agent
  • 19 Apr 1994
    Sold for $280,000

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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 5,148 properties.

    There are currently 14 properties listed for sale, and 16 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Coburg north.

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