74-76 Newlands RoadCoburg North VIC 3058
Property Details for 74-76 Newlands Rd, Coburg North
Last Listing description (October 2025)
- Leased Investment Opportunity with mixed use redevelopment potential (STCA)
- Frontage of 9 metres * to Newlands Road with roller shutter door access
- Commercial One Zoned property of approximately 210 sqm *
- Includes toilet and kitchenette facilities
- Land area: 251 sqm *
- Rear yard area
- Lease details:
- Leased to Tee It Up Screen Printing
- Lease Terms: Two-year lease commencing 1/09/2024, with a three-year option
- Current rental Income: $35,000 per annum plus outgoings
- Annual CPI rental increases with a market review in year one of the further term
* Approximately
AUCTION ON SITE FRIDAY OCTOBER 31 AT 12PM
From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.
For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.
Property History for 74-76 Newlands Rd, Coburg North, VIC 3058
- 31 Oct 2025Sold for $775,000
- 03 Oct 2025Listed for Sale SOLD
- 05 Mar 2021Listed for Rent $28,000 / year
Recent sales nearby
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0About 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 6.45% increase in median value, while Units have seen a 8.61% increase. As at 31 May 2026:
- The median value for Houses in Coburg North is $1,037,687 while the median value for Units is $703,942.
- Houses have a median rent of $680 while Units have a median rent of $600.
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