106 Gaffney Street
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About this property
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.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 3
- Land Area
- 522 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Coburg North
This 3-bedroom house in Coburg North, VIC 3058 sits within reach of public transport, local shops and nearby schools. It is listed 2% above the $812,500 median of 55 comparable houseswithin 5 km.
Schools near Coburg North
- Australian International Academy of Education - Senior Campuscombined
What's nearby
- Stop 40: Bakers Road (tram) — 822 m away
- Trek — 264 m away
- Richards Reserve — 414 m away
- Harmony Park — 454 m away
- Coburg North Linear Reserve — 571 m away
Coburg North at a glance
Full suburb profile- Population
- 8,327
- Median age
- 38
- Household income
- $1,981/wk
- Median rent
- $401/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Coburg North price trend
Median sold · House 3 bed
Compound growth +1.0% / yr over 4 yrs
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Full Coburg North marketThis listing
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Listing price changes & sale
1 price change recorded for this property
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