9/2 Alice Street, Coburg VIC 3058

1-bed ground floor unit | walk to station and shops | renovated throughout | ideal for first buyer or investor The buying case here rests on configuration and location. A ground-floor unit with a dedicated carport is increasingly rare in inner-ring suburbs, and this one has been fully renovated so the buyer avoids immediate capital outlay. The open-plan layout and built-in robe make efficient use of space for a single occupant or couple. Being within walking distance of Coburg station, trams, supermarkets and parkland means daily convenience is built in, not aspirational. This property suits a first-home buyer wanting a lock-and-leave entry point or an investor seeking a low-maintenance rental with solid weekly return potential. The main risk is the unit sits within a larger complex on a 1,969m² lot, which may limit capital growth compared to a standalone dwelling. Body corporate fees and shared land dynamics are not disclosed, so the buyer should verify these before committing. The opportunity lies in the price point relative to nearby houses—this offers a foothold in a well-serviced suburb without stretching finance. For an investor, the $415 per week rental estimate supports a reasonable yield. Hold this as a long-term income property or first home; its not a flip candidate but a steady performer