12-14 Station StreetCobden VIC 3266
Property Details for 12-14 Station St, Cobden
Last Listing description (December 2020)
Located in the Cobdens Industrial Estate in the heart of the South West, this property is currently leased in two sections on a whopping 4,218m2 of land. The shed is 12m x 36m x 4.8m with four roller doors and two PA doors, 6 concrete floor with 3 phase power water and sewage connected.
The current tenant in Shed 1 has been in the property for over 8 years with a newly negotiated 2 year option from 22/05/2020. Shed 2 have been in the property for 5 years and is now on a monthly basis.
The lease is currently returning a gross $28,440 per annum including gst with a net 6.25% return.
Price $290,000 plus GST if required.
Property History for 12-14 Station St, Cobden, VIC 3266
- 02 Dec 2020Sold for $132,500
- 15 Jul 2020Listed for Sale $290,000
- 26 Jan 2011Listed for Sale $200000
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About Cobden 3266
The size of Cobden is approximately 76.4 square kilometres. It has 7 parks covering nearly 2.0% of total area. The population of Cobden in 2016 was 1839 people. By 2021 the population was 1804 showing a population decline of 1.9% in the area during that time. The predominant age group in Cobden is 50-59 years. Households in Cobden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobden work in a labourer occupation.In 2021, 75.40% of the homes in Cobden were owner-occupied compared with 74.00% in 2016.
Cobden has 1,094 properties. Over the last 5 years, Houses in Cobden have seen a 44.96% increase in median value, while Units have seen a 43.07% increase. As at 31 March 2026:
- The median value for Houses in Cobden is $441,814 while the median value for Units is $350,739.
- Houses have a median rent of $340.
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