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43 Cobden Street, Bright$995,000

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43 Cobden Street

Bright, VIC 3741, Australia

$995,000

4 bed 2 bath 3 car946 m²

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About this property

Being offered for sale is this unique investment or development opportunity located in Cobden Street, Bright, only 500m to the top of town. Sitting on a large 946 sqm allotment, the property consists of two seperated 2-bedroom units. Live in one and receive a passive income from the second, or rent both for a strong return on investment. Both units consist of two bedrooms, L-shaped kitchen/lounge, bathroom and external laundry with an attached carport. A single lock up garage/shed is located at the rear of Unit 1. Future development of the site also makes this an incredible offering in such a prime location, with the large allotment lending itself to subdivision for a multi-townhouse site (STCA). Located opposite the Bright Hospital with a flat, 5-minute walk to the centre of town, the property is ideal for a retirement downsize, investment or holiday base in central Bright. Unit 2 currently tenanted. Inspections are strictly by appointment with the Agents.

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 4
Bathrooms: 2
Parking: 3
Land Area: 946 m²
Listed: 3 months ago

Repayment calculator

$4,824/month

$2,412 /fortnight

Loan $796,000 at 6.10% over 30 years

Upfront costs

Deposit$199,000

Stamp duty$54,725

Conveyancing (est.)$2,000

Total upfront$255,725

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bright

This 4-bedroom house in Bright, VIC 3741 sits within reach of public transport, local shops and nearby schools. It is listed 0% above the $995,000 median of 84 comparable houseswithin 5 km.

Schools near Bright

Bright P-12 Collegecombined · Prep-12 · CoEd

What's nearby

Bright - Alpine Hotel (bus) — 777 m away
Beds R Us — 597 m away
Unnamed — 215 m away
Dorry Lester Park — 411 m away
Unnamed — 695 m away

Bright at a glance

Full suburb profile

Population: 2,620
Median age: 49
Household income: $1,352/wk
Median rent: $300/wk
Median mortgage: $1,638/mo

Source: ABS Census.

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