47 Bank StreetCobram VIC 3644
Property Details for 47 Bank St, Cobram
Last Listing description (August 2016)
Renewed lease to Nov 2018 plus options to 2028.
Long established and successful supermarket for over 50 years with usual departments including liquor.
Lease provides annual CPI reviews plus turnover rent provisions - rent below market levels.
Well maintained 1,400 sqm building with on-title and on-street parking.
Tenant pays usual outgoings (ex insurance).
Cobram/Barooga: Important Murray River regional service centre with 25,000 plus catchment population.
Rent: $165,695 pa (underlet).
Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne
Property History for 47 Bank St, Cobram, VIC 3644
- 03 Sep 2015Sold for $3,210,000
- 21 Aug 2015Listed for Sale Not Disclosed
- 27 Feb 2009Transferred
Recent sales nearby
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0About Cobram 3644
The size of Cobram is approximately 83.0 square kilometres. It has 15 parks covering nearly 4.9% of total area. The population of Cobram in 2016 was 6014 people. By 2021 the population was 6148 showing a population growth of 2.2% in the area during that time. The predominant age group in Cobram is 60-69 years. Households in Cobram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobram work in a labourer occupation.In 2021, 67.10% of the homes in Cobram were owner-occupied compared with 65.80% in 2016.
Cobram has 4,246 properties. Over the last 5 years, Houses in Cobram have seen a 49.59% increase in median value, while Units have seen a 31.81% increase. As at 28 February 2026:
- The median value for Houses in Cobram is $444,943 while the median value for Units is $299,525.
- Houses have a median rent of $480 while Units have a median rent of $350.
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