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106 Gaffney Street

Coburg North VIC 3058

3
1
3
522 m²
House
Currently for sale - view listing

Overview

Commercially Zoned Landholding with Flexible Future Potential

Raphael Houston proudly presents... Occupying a substantial 522sqm allotment approximately within a commercially zoned precinct, this Coburg North property presents a rare opportunity where land value, flexibility and future potential align within one of the inner north's evolving urban corridors. Positioned on a broad site with right of way access, the property offers immediate appeal for buyers seeking long term investment, commercial redevelopment or adaptive reuse potential. The existing residence provides scope for renovation or continued occupation, while the commercial zoning introduces the possibility for future office, warehouse or factory redevelopment, subject to relevant approvals. Importantly, any future rebuild would require a commercial outcome rather than new residential construction, reinforcing the site's strategic long term positioning within the precinct. Surrounded by ongoing public and private investment, the site occupies a position where industrial character, residential growth and infrastructure expansion continue to reshape the surrounding landscape. Its unique location on the cusp of Gaffney Street shops is ideal for commercial and residential use, further improved by close proximity to Sydney Road, Bell Street and the M2. Excellent local connections place Coburg Station, Coburg Lake, Harmony Park and the leisure centre within moments of the door. Highlights : 522sqm approximately Commercial zoning Potential for future office or factory redevelopment Existing residence with renovation potential Rear right of way access Broad site dimensions Extensive hardstand and open areas Multiple access points throughout the property Separate bungalow or studio structure Workshop and storage space at rear Positioned within a transforming commercial precinct Significant long term investment potential All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.

Features

3 bedrooms
1 bathroom
3 carspaces
3 carport spaces
522 m² lot size
House

Happy sellers in Coburg North

80%
80% of sellers in Coburg North reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Coburg North over the last 12 months.

Local market activity for 3 bedroom houses in Coburg North

In the last 12 months, 50 three-bedroom houses similar to 106 Gaffney Street, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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