10-12 Hocking StreetCoburg North VIC 3058
Property Details for 10-12 Hocking St, Coburg North
Last Listing description (September 2020)
A high performing Australian food manufacturing investment leased to CCC Operations Pty Ltd trading as Ernest Hillier who are currently facing extreme demand through the COVID-19 Pandemic from major super market chains and distributors.
CCC Operations Pty Ltd have been in occupation of the premises since 2014 and have recently renewed the lease. In addition the tenant occupies the neighboring building directly behind this premises. They currently own and manufacture product lines for Ernest Hiller and Newman's since 2014 and manufacture their chocolate products that have been produced for over 100 years.
The property features include:
- Ground floor area: 1,142m2*
- 1st Floor area: 752m2
- Total building area: 1,893m2*
- Large power & gas connected to premises
- Superb 7.5 - 8 metre* internal height for versatile storage use
- Tenant in occupation since 2014 & has recently renewed their lease
- Currently leased to CCC Operations Pty Ltd T/A Ernest Hillier
- Current rental return: $157,352.76 pa + GST and outgoings
- Lease term of four (4) years from 19th August 2019 + two further terms of three (3) years to follow
- 3% annual increases
- Large Security bond: $100,000
- Tenant also occupies neighboring building behind
The property is superbly located in the well known industrial pocket of Coburg, and is surrounded by main arterials including Sydney Road / Hume Highway and Bell Street and provides quick access to the Hume Highway for connection to every region in Melbourne.
For further information please contact CVA Property Consultants.
Property History for 10-12 Hocking St, Coburg North, VIC 3058
- 01 Apr 2025Sold for $2,846,800
- 16 Jun 2020Sold for $2,090,000
- 27 May 2020Listed for Sale Contact Agent
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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 5,323 properties. Over the last 5 years, Houses in Coburg North have seen a 10.34% increase in median value, while Units have seen a 12.45% increase. As at 30 April 2026:
- The median value for Houses in Coburg North is $1,055,399 while the median value for Units is $722,479.
- Houses have a median rent of $655 while Units have a median rent of $600.
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