8 Nicholson Street, Coburg, VIC 3058 | Commercial for sale | OnTheHouse
 
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8 Nicholson Street
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 800m2
Land area: 595m2
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Versatile Warehouse, Residence & Future Development Potential

Raine & Horne Land Victoria is pleased to present 8 Nicholson Street, Coburg, a rare opportunity to secure a highly versatile inner-north property offering substantial warehouse accommodation, first-floor residential living, secure parking and future redevelopment potential STCA.
Positioned in one of Melbourne's most established and tightly held inner-north precincts, the property is ideally suited to owner-occupiers, investors, developers, builders, creative businesses, trade operators or buyers seeking a flexible live-work opportunity.
The ground floor comprises a large open-span warehouse with excellent functionality, supported by undercover parking for up to seven vehicles, separate office area, kitchenette, shower and toilet facilities. A side walkway provides independent access to the warehouse and stairwell, allowing flexibility between the commercial and residential components.
The first floor features a substantial apartment of approximately 200 sqm, offering two bedrooms, two-and-a-half bathrooms, a fully equipped kitchen, living and dining area, library, pantry, storeroom and laundry. The apartment can be accessed from either the warehouse or the side walkway, creating a practical layout for occupiers requiring separation between business and private accommodation.
Set on approximately 595sqm of land with a frontage of approximately 12.22 meters and depth of approximately 49.08 meters, the property offers genuine scale in a premium Coburg location. Offered with vacant possession, with the added benefit of long-term redevelopment upside STCA.
The property is strategically located approximately 5km from Melbourne CBD and approximately 4.5km from Melbourne University, with excellent access to public transport, Sydney Road, Bell Street and surrounding lifestyle, retail and residential amenity. The immediate area continues to benefit from strong urban renewal, high-density residential development and growing demand for flexible inner-metro commercial property.
Key Highlights:
• Commercial 1 Zone (C1Z)
• Substantial ground-floor open-span warehouse
• Undercover parking for up to seven vehicles
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Property Details for 8 Nicholson St, Coburg

Building Type
Commercial
Floor Size
800m2
Land Size
595m2
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About Coburg 3058

The size of Coburg is approximately 7.0 square kilometres. There are 33 parks, covering nearly 7.4% of the total area. The population of Coburg in 2016 was 26185 people. By 2021 the population was 26574 showing a population growth of 1.5% in the area during that time. The predominant age group in Coburg is 30-39 years. Households in Coburg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg work in a professional occupation.In 2021, 64.30% of the homes in Coburg were owner-occupied compared with 62.80% in 2016.

Coburg has 15,002 properties. Over the last 5 years, Houses in Coburg have seen a -0.16% decrease in median value, while Units have seen a 6.19% increase. As at 30 June 2026:

  • The median value for Houses in Coburg is $1,229,748 while the median value for Units is $630,809.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 59 properties listed for sale, and 28 properties listed for rent in Coburg on OnTheHouse. According to Cotality's data, 611 properties were sold in the past 12 months in Coburg.

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Anthony C Zammit
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Raine & Horne Land Victoria
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