SOLD
Sold on 29 Jan 2024 for $407,000

1/329 Urana Road
Lavington NSW 2641

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 184m2
Land area: 281m2
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Property Details for 1/329 Urana Rd, Lavington

Building Type
Commercial
Floor Size
184m2
Land Size
281m2
Local Government
Albury City
Lot/Plan
1/SP81228

Last Listing description (October 2023)

The subject site offers retail frontage, facing a busy four lane arterial road. With an abundance of exposure and drive by traffic, the property comprises:

- Shell space of 184 square metres
- Four off street car parks totalling 97 square metres

- Small kitchenette / tea room and seperate toilet
- Storage room
- Roller door at rear of property
- Neighbouring businesses include a doctors clinic, cafe, hairdresser, real estate office and opposite Coles Supermarket
- Located within a strata complex

For Lease: $29,440 per annum plus GST plus outgoings
Council Rates: $2,410.12 per annum
Water Rates: $852.45 per annum plus consumption
Building Insurance: To be advised
Land Tax: Not applicable
Strata Levy: To be advised

For more information or an inspection of the subject property, please contact Kate Stevens on 0438 254 334 or email kate.stevens@prdalbury.com.au

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Property History for 1/329 Urana Rd, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$407,000
29 Jan 2024
Listed for Rent
$29k/w
24 Jun 2023
  • 29 Jan 2024
    Sold for $407,000
  • 03 May 2023
    Listed for Rent - Price not available
  • 18 Sep 2018
    Sold for $300,000
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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.
There are currently 47 properties listed for sale, and 10 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Lavington.

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