OFF MARKET

1-3 Green Street
Lockhart NSW 2656

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 2023m2
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Last updated 16 Dec 2024
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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.

Building Type
Unit
Land Size
2023m2
Local Government
Lockhart
Lot/Plan
5/DP719642

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

A timeline of how this property has performed in the market
Last Sold
$310,000
25 Sep 2018
  • 25 Sep 2018
    Sold for $310,000
  • 31 Jul 2014
    Listed for Sale FHGC $495,000
  • 15 Jun 2007
    Listed 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 906 properties. Over the last 5 years, Houses in Lockhart have seen a 113.22% increase in median value. As at 30 November 2024:

  • The median value for Houses in Lockhart is $309,571 while the median value for Units is $361,454.
  • Houses have a median rent of $230.
There are currently 6 properties listed for sale, and 1 property listed for rent in Lockhart on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Lockhart.

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