4/2 Hudson Street, Coburg VIC 3058

Modern boutique one-bedroom | Coburg convenience | near Sydney Road | strong rental yield potential. This property offers a rare combination of modern finishes and a prime Coburg location at a price point that typically commands older stock. The open-plan layout with timber flooring and private balcony provides a low-maintenance lifestyle that appeals strongly to first home buyers and downsizers. The absence of heritage or flood overlays simplifies due diligence, while the secure entry and split-system heating and cooling add practical comfort. For investors, the recent lease at $470 per week and a gross yield of approximately 6.5% position this unit as a solid income-producing holding in a sought-after suburb. The primary risk is the small land component typical of strata units, limiting capital growth compared to houses. However, the current asking price sits below the estimated value, suggesting potential for immediate equity gain. The property’s proximity to trams, trains, and parklands strengthens its long-term appeal. Hold this unit for steady rental income and moderate capital appreciation, or enter as a first home buyer seeking a turnkey home with strong resale potential.