Sold
1-8/22 Selbourne Street,
Coburg 3058, Victoria
$3,080,000
Property details
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Agents
Investment, Renovate & Flip or Develop - Entire Complex for Sale
Welcome to 1-8/22 Selbourne Street, Coburg, an extraordinary chance for developers and investors to seize a once-in-a-lifetime opportunity. This remarkable corner property, currently offering a lucrative $106,000 rental return (potential market value should sit at $170,000 per annum), sits on approximately 1176 sqm of land with two street frontages. It comprises 8 x 2 bedroom apartments, boasting spacious layouts and convenient onsite parking.
Set within walking distance of Moreland Road shops and the cultural commons of Sydney Road, this quiet residential precinct is highly regarded, placing the lifestyle & entertainment districts of Brunswick within easy reach. Underscoring it all is blue-chip accessibility qualified by buses and two separate tram lines just around the corner.
Future tenants will be able to immerse themselves in the vibrant surroundings of this prime location, where they find excellent connectivity to public transport, parks, renowned schools, train stations, and popular restaurants and cafes.
Don't let this once-in-a-lifetime investment opportunity in Coburg slip away. Contact Ray White today to arrange an inspection and turn your dream of lucrative property ownership in this prime location into a reality.
Highlights
Extraordinary development opportunity
Entire complex up for sale
1176 sqm (approx) building envelop
Walk to Sydney Road
Highly regarded lifestyle district
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.
Explore the area
School catchments
- St Fidelis' School Primary Prep-6 Catholic 0.22km
- Coburg West Primary School Primary Prep-6 Government 0.63km
- Sydney Road Community School-The Brunswick Learning Space Secondary Government 0.92km
- Brunswick North West Primary School Primary Prep-6 Government 0.92km
- Merri-bek Primary School Primary Prep-6 Government 1.4km
- St Joseph's School Primary Prep-6 Catholic 1.4km
- Antonine College Combined Prep-12 Catholic 1.4km
- Brunswick North Primary School Primary Prep-6 Government 1.5km
- Pascoe Vale South Primary School Primary Prep-6 Government 1.6km
- Islamic College of Sport Secondary 11-12 Independent 1.6km
- St Margaret Mary's School Primary Prep-6 Catholic 1.6km
- Coburg North Primary School Primary Prep-6 Government 1.8km
- Coburg Primary School Primary Prep-6 Government 1.9km
- St Bernard's School Primary Prep-6 Catholic 1.9km
- St Paul's School Primary Prep-6 Catholic 2.0km
- Moonee Ponds Primary School Primary Prep-6 Government 2.0km
- Australian International Academy of Education Combined Prep-12 Independent 2.1km
- Brunswick Secondary College Secondary 7-12 Government 2.2km
- Coburg High School Secondary 7-12 Government 2.2km
- Sydney Road Community School-Coburg Teaching Unit Secondary Government 2.4km
- Antonine College - Cedar Campus Combined Catholic 2.4km
- Sydney Road Community School Secondary 7-12 Government 2.4km
- Bindjiroo Yaluk Community School-The Island Campus Secondary Government 2.5km
- Mercy College Secondary 7-12 Catholic 2.6km
- Strathmore Secondary College Secondary 7-12 Government 2.8km
- Penleigh & Essendon Grammar School - Essendon Campus Combined Independent 2.8km
- Australian International Academy of Education - Senior Campus Combined Independent 2.9km
- St Columba's College Secondary 7-12 Catholic 3.3km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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