2/223 Bridge Road, Cobblebank, VIC 3338 | Property Value & History | OnTheHouse
 
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2/223 Bridge Road
Cobblebank VIC 3338

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Land area: 7238m2
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Property Details for 2/223 Bridge Rd, Cobblebank

Building Type
Commercial
Land Size
7238m2
Local Government
Melton
Lot/Plan
8/PS909109

Last Listing description (September 2023)

Burgess Rawson are delighted to offer the Indian restaurant at A01, 223 Bridge Road, Cobblebank for sale via Investment Portfolio Auction 163.

The investment has the following highlights:

+ Brand new 8 year lease to March 2031 plus options to 2039.

+ Tikka Twist: new and successful modern Indian restaurant with dine in, takeaway and delivery service.
+ 139sqm* premises, incorporates commercial kitchen, dining and customer amenities.
+ Brand new construction providing tax saving depreciation benefits.
+ Landlord preferred net lease terms with tenant paying all usual outgoings.
+ Annual fixed 3% rent increases.
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Surrounded by booming infrastructure including the future $900M Government funded Melton Hospital, only 600 metres* from the property, 274+ beds and 700 1,700 jobs created.***
+ City of Melton: Recognised as one of Australia's fastest growing area's with population anticipated to surge to over 416,000 by 2051, a 98% increase.**
+ Net Income: $62,550 pa* + GST

To be sold via Investment Portfolio Auction 163,
10:30am AEST Wednesday 13 September
Crown Casino, Melbourne

*approx
**Forecast.id
***VHBA

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Property History for 2/223 Bridge Rd, Cobblebank, VIC 3338

A timeline of how this property has performed in the market
Last Sold
$1,017,000
13 Sep 2023
  • 13 Sep 2023
    Sold for $1,017,000
  • 25 May 2023
    Listed for Sale Price on Request
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About Cobblebank 3338

The size of Cobblebank is approximately 8.7 square kilometres. It has 7 parks covering nearly 3.6% of total area. The population of Cobblebank in 2016 was 11517 people. By 2021 the population was 3601 showing a population decline of 68.7% in the area during that time. The predominant age group in Cobblebank is 30-39 years. Households in Cobblebank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cobblebank work in a machinery operators and drivers occupation.In 2021, 64.90% of the homes in Cobblebank were owner-occupied compared with 63.70% in 2016.

Cobblebank has 2,444 properties. Over the last 5 years, Houses in Cobblebank have seen a 25.18% increase in median value. As at 31 January 2026:

  • The median value for Houses in Cobblebank is $674,211 while the median value for Units is $524,350.
  • Houses have a median rent of $460.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Cobblebank on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Cobblebank.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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