Back 1/5 Industry Lane
Off Market

1/5 Industry Lane

Coburg VIC 3058

2
1
1
Townhouse
Last sold for $650,000
Elizabeth KellyElizabeth Kelly, last sold this property on 03 September 2025 after 13 days on market.

Overview

Chic, central and community-focussed

Once home to the historic Pentridge workshops, the iconic site has been transformed into a private enclave, where this ultra-chic two bedroom townhouse showcases industrial influence just steps to vibrant lifestyle attractions. Securely tucked away, the double-storey property reveals a bespoke aesthetic, with original bluestone walls, exposed brickwork and semi-vaulted ceilings creating a striking sense of character. The open-plan layout boasts a versatile family/meals domain, while the stone-bench kitchen is well-appointed with quality stainless-steel appliances including a dishwasher, ample cabinetry and breakfast bar. Additionally, the outdoor deck provides an ideal setting for summertime entertaining, and upstairs hosts carpeted bedrooms with built-in robes alongside a sleek bathroom featuring a frameless glass shower and separate bathtub. Further highlights comprise polished timber floors, split system heat/cooling, under-stair storage, intercom entry and European laundry. There is also the bonus of a designated garage car space and utility cage. In a community-focused pocket less than 9km to the cosmopolitan CBD, it’s just moments to Sydney Road trams, Coburg/Batman Stations, the farmers’ market, village shops and lively eateries such as The Glass Den. Enjoy proximity to the tranquil Merri Creek Trail/Coburg Lake Reserve, schools/childcare, Palace Cinemas and the local leisure centre.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Coburg over the last 12 months, the estimated median property value of 1/5 Industry Lane is $780k.

Median value
$780k
Estimated value range
$585k - $1.05m
Median days on market
25
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Coburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/5 Industry Lane

2025
Rented
Undisclosed
Leased on 20 Oct 2025 by Jellis Craig Brunswick
2025
Sold
$650,000
Private Sale/Treaty on 03 Sep 2025 by Elizabeth Kelly, of Jellis Craig Brunswick
2024
Sold
$640,000
Private Sale/Treaty on 13 Aug 2024 by Sam Abboud, of Woodards Carlton

Happy sellers in Coburg

92%
92% of sellers in Coburg reported that their sale price either exceeded or met their price expectations.

Coburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 61 reviews in Coburg over the last 12 months.

Local market activity for 2 bedroom townhouses in Coburg

In the last 12 months, 31 two-bedroom townhouses similar to 1/5 Industry Lane, have been sold.

This represents a 37% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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