1/313 Urana RoadLavington NSW 2641
Property Details for 1/313 Urana Rd, Lavington
Last Listing description (November 2023)
Dixon Commercial Real Estate are pleased to offer for sale 1/313 Urana Road at Auction on Friday 24 November, 2023 at 2:30pm on-site.
The 277 square metre office premises is prominently positioned on Urana Road in central Lavington with a frontage of approximately 9 metres. The property is offered for sale subject to a newly agreed lease to Ray White Albury North who are renowned as a market leader and have occupied the building for many years.
Lease Details:
Net Annual Rent: $55,000 + GST
Lease Commencement: 15 October, 2023
Lease Tenure: Four (4) years
Option: Four (4) year option thereafter
Rent Review: Annually to CPI
In addition, the property boasts rear lane access from Buchhorn Lane and seven (7) on-site car parks.
Terms: 10% deposit, balance 60 days.
For more information or to arrange an inspection, please contact the agents below.
Property History for 1/313 Urana Rd, Lavington, NSW 2641
- 24 Nov 2023Sold for $810,000
- 25 Oct 2023Listed for Sale Contact Agent
- 30 Apr 2010Sold for $737,000
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About Lavington 2641
The size of Lavington is approximately 14.8 square kilometres. It has 11 parks covering nearly 3.2% of total area. The population of Lavington in 2011 was 12,031 people. By 2016 the population was 12,493 showing a population growth of 3.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation. In 2011, 60.8% of the homes in Lavington were owner-occupied compared with 58.1% in 2016.
Lavington has 7,845 properties. Over the last 5 years, Houses in Lavington have seen a 79.96% increase in median value, while Units have seen a 79.30% increase. As at 31 October 2024:
- The median value for Houses in Lavington is $442,184 while the median value for Units is $323,686.
- Houses have a median rent of $460 while Units have a median rent of $340.
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