OFF MARKET

449 Wagga Road
Lavington NSW 2641

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1150m2
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Property Details for 449 Wagga Rd, Lavington

449 Wagga Rd, Lavington is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1150m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Land Size
1150m2
Local Government
Albury City
Lot/Plan
1/DP362999

Last Listing description (April 2022)

Just Listed, Huge potential. This 2 street frontage property occupying just under 2300 m2 of prime land on the refurbished Wagga rd (further 1100sqm also available giving a total of 3400sqm in the main business hub, opportunity plus is knocking here on your screen, This property has endless opportunities for the corporate investor, business person, self-employed, mum dad, etc.
Comprising of a current business/workshop facing Wagga rd and large yard area with a 2 office's, reception area workshop with a separate rear home lock up garage currently rented facing Griffith rd.

3 bedrooms with BIR

Ceiling fans
Kitchen
Meals area
Lounge room
Separate laundry
Low maintenance yard
Rear verandah
House area fenced

This property of commercial or residential status land in central Lavington on the main rd into the Albury Wodonga region. Simply buy and leave with the current income, leaving the potential bricks and mortar to grow for you to decide down the track to double the value of this property asset in your portfolio. How? The commercial opportunities are endless holding three proposed tittles to build further retail shops, motel or units, Retirement village, food court, the area allows your mind to run wild. Call us to discuss further.

Located in the growing city of Albury/Wodonga region with easy Freeway access & in the center of the residential, retail business precinct.

Situated in Central Lavington which is only approximately 5 minutes to Central Albury on the old Hume Freeway, only a short drive to all of Lavington, Albury Wodonga amenities.

The Vendor is an optimistic and open-minded person who will consider any reasonable offer proposal to this opportunity.

All enquirers through Ray @ Ray white Albury Cental

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Property History for 449 Wagga Rd, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$383,000
08 Oct 2013
  • 08 Nov 2021
    Listed for Sale $990,000
  • 08 Oct 2013
    Sold for $383,000
  • 10 Oct 2012
    Listed for Sale Sold - $383,000
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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 7,822 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 12 properties listed for rent in Lavington on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Lavington.

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