SOLD
Sold on 17 Apr 2024 for $425,000

27/2 Cobham Street
Reservoir VIC 3073

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 127m2
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Property Details for 27/2 Cobham St, Reservoir

Building Type
Commercial
Land Size
127m2
Local Government
Darebin
Lot/Plan
27/PS838416

Last Listing description (May 2023)

Act quickly to secure a Brand New Warehouse within the recently completed NEUE SPACE Reservoir, a clever warehouse precinct built for growth, situated at 2 Cobham Streets in the emerging neighbourhood of Reservoir.

Features:

- Architecturally Designed Industrial Warehouses

- Security Gate Access off Vimy/Cobham Streets and Plateau Road
- High Clearance Internal Warehouse and Remote Controlled Roller Door
- Floor Area of 101 sqm
- Two Car Parks on Title and 38 Visitor Car Parks
- Kitchenette, Unisex/Disabled Toilet
- Close Access to Main Arterials being 12km from Melbourne CBD
- Established Industrial and Surrounding Residential Neighbourhood
- Prime Emerging Reservoir Locality

For further information please contact Hudson Bond Commercial today

Property History for 27/2 Cobham St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$425,000
17 Apr 2024
Listed for Rent
$287/w
31 May 2023
  • 17 Apr 2024
    Sold for $425,000
  • 10 May 2023
    Listed for Rent - Price not available
  • 08 May 2021
    Sold for $352,000

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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation. In 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,592 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 202 properties listed for sale, and 72 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.