5/19 Pentridge BoulevardCoburg VIC 3058
Property Details for 5/19 Pentridge Bvd, Coburg
Last Listing description (August 2016)
New 10 year lease to 2025, plus 10 year option to 2035.
Fixed 4% rent increases assuring growth.
Lessee pays usual outgoings as per the lease.
6 car spaces on title.
Capital intensive fit-out.
Substantial taxation saving depreciation.
Melbourne City Ballet: Classical ballet company with some of the finest dancers with performances throughout Australia.
Pentridge Coburg: Proposed masterplan for a high density residential and mixed-use urban village.
Rent: $194,608 pa (Dec 2016).
Auction 11am Wednesday 3 August
River Room, Crown Casino, Melbourne
Property History for 5/19 Pentridge Bvd, Coburg, VIC 3058
- 03 Aug 2016Sold for $2,160,000
- 06 Jul 2016Listed for Sale Not Disclosed
Recent sales nearby
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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 15,011 properties. Over the last 5 years, Houses in Coburg have seen a 15.81% increase in median value, while Units have seen a 10.82% increase. As at 31 March 2026:
- The median value for Houses in Coburg is $1,338,371 while the median value for Units is $644,004.
- Houses have a median rent of $750 while Units have a median rent of $590.
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