LJ Hooker in conjunction with Cabmon Property, have the pleasure of offering - 3-5 Young Street, , For Sale via Public Auction on Thursday 16th November 2023. 10:30am at the Cooley Auction Centre SYDNEY NSW 2000 – Opposite Wynard Station.
3-5 Young Street is a substantial commercial building in Lithgow’s CBD and is currently fully leased to a gymnasium with further development potential. The property is adjacent the “Main Street and is surrounded by residential near the town's largest employers, NSWGOV and Westfund.
A three-storey rendered brick building with a commercial use, previously occupied by the local squash courts with a huge on grade carpark and major frontage.
Please Contact Peter Seeto 0 4 0 0 2 2 2 6 6 6 should you have any further questions or interest.
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The material contained herein is not intended to substitute for obtaining individual advice from Cabmon Property or LJ Hooker Lithgow or another advisor able to provide the services of a qualified professional person.
Cabmon Property in conjunction with LJ Hooker Lithgow and its officers, employees and agents expressly disclaim any liability and responsibility to any person whether a reader of this publication or not in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance whether wholly or partially upon the whole or any part of the contents of this publication.
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The size of Lithgow is approximately 6 square kilometres. It has 18 parks covering nearly 23.4% of total area. The population of Lithgow in 2011 was 5,649 people. By 2016 the population was 5,211 showing a population decline of 7.8% in the area during that time. The predominant age group in Lithgow is 60-69 years. Households in Lithgow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lithgow work in a trades occupation. In 2011, 65% of the homes in Lithgow were owner-occupied compared with 62% in 2016.
Lithgow has 3,253 properties. Over the last 5 years, Houses in Lithgow have seen a 58.89% increase in median value, while Units have seen a 80.15% increase. As at 31 October 2024:
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