1 Milkman WayCoburg North VIC 3058
Property Details for 1 Milkman Way, Coburg North
Last Listing description (September 2022)
Your investment portfolio is about to taste a whole lot sweeter with this industrial investment contributing to Melbourne's future in tiles and stones production. Sitting in Coburg North's tightly held industrial pocket, this is corner freehold title of 1,259 square metres.
Site comes with quality construction compromising of below:
- 310 sqm factory
- 259 sqm showroom with an additional mezzanine floor which includes 4 office cabins, boardroom, waiting area, toilet, bathroom & kitchen.
Highly sought after and rarely found up front, this is capability and infrastructure that costs plenty of time and money to install already included.
- Corner position freehold title with potential to sub divide - (STCA)
- Can be sold as on going concern as well as with vacant possession
- 790 sqm* building area.
- 1,259 sqm* land area.
- Industrial 1 zoning.
- 9 car spaces onsite.
- 2.7 km* from Batman railway station.
- 11.8 km* from Melbourne CBD.
*Approx.
Pricing excludes GST
Property History for 1 Milkman Way, Coburg North, VIC 3058
- 21 Nov 2022Listed for Sale Contact Mike on 0430126491
- 07 Oct 2022Sold for $2,750,000
- 06 Sep 2022Listed for Sale Contact Mike on 0430126491
Recent sales nearby
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About Coburg North 3058
The size of Coburg North is approximately 4.9 square kilometres. There are 20 parks, covering nearly 18.4% of the total area. The population of Coburg North in 2016 was 7601 people. By 2021 the population was 8327 showing a population growth of 9.6% in the area during that time. The predominant age group in Coburg North is 30-39 years. Households in Coburg North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg North work in a professional occupation.In 2021, 66.90% of the homes in Coburg North were owner-occupied compared with 66.00% in 2016.
Coburg North has 5,358 properties. Over the last 5 years, Houses in Coburg North have seen a -2.14% decrease in median value, while Units have seen a 6.19% increase. As at 31 July 2026:
- The median value for Houses in Coburg North is $1,019,671 while the median value for Units is $698,536.
- Houses have a median rent of $680 while Units have a median rent of $600.
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