FOR SALE
$295,000

2H Lambourn Road
Watsonia VIC 3087

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 60m2
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FIRST IN, BEST DRESSED - LEASE OR BUY

Nestled in the vibrant heart of Watsonia's bustling shopping and business district, 2H Lambourn Road, Watsonia presents an exceptional opportunity for both entrepreneurs and investors alike.
Boasting approximately 60m2 of versatile office space, this property is strategically positioned to capitalise on the future development of the North East Link, offering unparalleled connectivity to Watsonia train station and beyond.
Features include:
• Polished concrete floors
• Blackened ceilings
• Heating and cooling
• Fully functional Kitchen
• Toilet/wash room
• Rental return assessed at 20k per annum
• Total property size 60m2 approximately
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Property Details for 2h Lambourn Rd, Watsonia

Building Type
Commercial
Floor Size
60m2

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About Watsonia 3087

The size of Watsonia is approximately 2.3 square kilometres. It has 8 parks covering nearly 10% of total area. The population of Watsonia in 2011 was 5,145 people. By 2016 the population was 5,228 showing a population growth of 1.6% in the area during that time. The predominant age group in Watsonia is 30-39 years. Households in Watsonia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watsonia work in a professional occupation. In 2011, 71% of the homes in Watsonia were owner-occupied compared with 67.9% in 2016.

Watsonia has 2,716 properties. Over the last 5 years, Houses in Watsonia have seen a 31.89% increase in median value, while Units have seen a 15.26% increase. As at 31 August 2024:

  • The median value for Houses in Watsonia is $962,117 while the median value for Units is $658,079.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 1 property listed for rent in Watsonia on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Watsonia.

Suburb Insights for Watsonia 3087

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Ray White Bundoora
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.