4/1 Industry Lane, Coburg, Vic 3058

Positioned in Pentridge's most picturesque pocket, and only footsteps from restaurants, cafes, Palace cinemas and Brewdog brewery, this two-bedroom townhouse combines loft industrial character and modern functionality.
The open-plan design downstairs boasts a well-appointed kitchen featuring 900mm stove, stone benchtops and concealed drawer dishwasher. Exposed century-old red brick and a tall glass door with elegant transom light provides an attractive backdrop to meals and living areas, which then flow onto a low-maintenance decked courtyard with bluestone wall. A stylish timber staircase leads upstairs to two large bedrooms with robes and split systems, and a fully tiled bathroom with oversized shower. Upstairs the industrial character of the property – originally the site of Pentridge's woollen mill – continues to impress with original steel columns, wooden beams, exposed trusses and high raked ceilings. A European laundry, secure entrance with intercom, and a covered securely-accessed parking garage add further allure, while the property's proximity to Coburg Lake, Sydney Rd. shops and public transport options make it a versatile home for both work and play.
An estimated rental return of $550-$600 per-week, will also be attractive to savvy long-term investors searching for unique properties.