350 Sydney RoadCoburg VIC 3058
Property Details for 350 Sydney Rd, Coburg
350 Sydney Rd, Coburg is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 353m2. While the property is not currently for sale or for rent, it was last sold in October 1983.
Last Listing description (December 2012)
LICENCED WAREHOUSE STYLE CAF ? - SYDNEY ROAD COBURG
A love affair between simplicity and sophistication defines the urban fit out and gorgeous design at this warehouse style caf . Once inside this caf has a large entrance extending to a spacious configuration with high ceilings and polished concrete floors. Sublime furniture and small spaces for quiet conversations make this iconic caf a central hub for mums n bubs to meet and splash out on yummy breakfast and lunch options all day long. Massive shelves furnish the feature wall and the opposite wall showcases old school prints and photos which capture the community spirit. A feeling of a genuine hospitality experience radiates within the walls of this breathtaking caf . A disregard for pretence and a shine towards tasty wholesome foods and to die for ? cakes makes this place the only caf choice in the area.
BUSINESS HIGHLIGHTS:
-Weekly profit of $4,000+
- 7 year lease (commenced in March 2011) with an additional 7 year term
- Cheap weekly rent of $926 + GST & Outgoings
FAST FACTS:
-Massive function space at rear of caf
-Private residence/office available at rear of building inclusive in lease agreement
-Beautiful commercial kitchen
-Highly experienced and skilled staff
- Restaurant & Caf ? liquor licence
POTENTIAL FOR:
- Increase open hours & catering orders
-Increased function trade
PRICE RANGE: $380,000-$400,000
To INSPECT call Marc 0412 359 907 at JustBusinessBrokers.Com - This will be sold quick!
Property History for 350 Sydney Rd, Coburg, VIC 3058
- 10 Sep 2012Listed for Sale PLUS SAVING
- 15 Dec 2010Listed for Sale Not Disclosed
- 29 Sep 2007Listed for Rent - Price not available
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About Coburg 3058
The size of Coburg is approximately 7.0 square kilometres. It has 33 parks covering nearly 7.4% of 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 15,009 properties. Over the last 5 years, Houses in Coburg have seen a 11.18% increase in median value, while Units have seen a 9.55% increase. As at 30 April 2026:
- The median value for Houses in Coburg is $1,307,687 while the median value for Units is $639,625.
- Houses have a median rent of $750 while Units have a median rent of $590.
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