1-3 Green StreetLockhart NSW 2656
Property Details for 1-3 Green St, Lockhart
1-3 Green St, Lockhart is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
Last Listing description (November 2016)
This well presented 3.5 star AAA rated motel is the only motel in Lockhart in the heart of the Riverina region of NSW. Perfectly positioned at the top end of the main street, a busy thoroughfare to nearby township of Wagga Wagga. Also within walking distance to all town facilities and opposite the main tourist walking track. Featuring 9 well appointed units and a comfortable 2 bedroom residence. The Motel has a good trading history with 55-60% occupancy. Compact and manageable.
This is a wonderful opportunity for those interested in getting into the hospitality industry.
Property History for 1-3 Green St, Lockhart, NSW 2656
- 25 Sep 2018Sold for $310,000
- 31 Jul 2014Listed for Sale FHGC $495,000
- 15 Jun 2007Listed for Sale $460,000
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About Lockhart 2656
The size of Lockhart is approximately 486.2 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Lockhart in 2011 was 1,295 people. By 2016 the population was 1,070 showing a population decline of 17.4% in the area during that time. The predominant age group in Lockhart is 50-59 years. Households in Lockhart are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lockhart work in a managers occupation. In 2011, 77.4% of the homes in Lockhart were owner-occupied compared with 73.8% in 2016.
Lockhart has 904 properties. Over the last 5 years, Houses in Lockhart have seen a 127.25% increase in median value. As at 31 October 2024:
- The median value for Houses in Lockhart is $324,911 while the median value for Units is $372,399.
- Houses have a median rent of $230.
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