17 Belmore RoadLorn NSW 2320
Property Details for 17 Belmore Rd, Lorn
17 Belmore Rd, Lorn is a 2 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 474m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (December 2021)
Seldom do bluechip Lorn commercial investment opportunities come to market, rarer still with a well-entrenched local business calling 17 Belmore Road home!
Located within walking distance to all of Lorns boutique offerings & the award winning Maitland Levee precinct, this special offering is sure to excite any prospective owner moving forward. The current business has operated from this site for the last 5 years approximately & enjoys a solid patronage. Moving forward, a long term 5 year leasing agreement is being sought. The current improvements include full restaurant setup, with well equipped kitchen, bar & internal and external dining areas.
For your 1 on 1 inspection, please call listing agent Todd Fisher 0438 592 920 or Ben Cotton 0434 638 822 7 days.
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
PLEASE READ: In line with current COVID-19 restrictions, we are not conducting group inspection/open homes, however we are inspecting property one a 1 on 1 basis. By attending our inspections, you are acknowledging that you are not currently or recently experienced flu-like symptoms in the last 14 days and you have not been in contact with a known case of COVID-19.
Property History for 17 Belmore Rd, Lorn, NSW 2320
- 28 Oct 2021Sold for $740,000
- 05 Oct 2021Listed for Sale $750,000
- 24 Oct 2017Sold for $485,000
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About Lorn 2320
The size of Lorn is approximately 4.6 square kilometres. It has 4 parks covering nearly 2.9% of total area. The population of Lorn in 2011 was 1,263 people. By 2016 the population was 1,350 showing a population growth of 6.9% in the area during that time. The predominant age group in Lorn is 40-49 years. Households in Lorn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorn work in a professional occupation. In 2011, 79% of the homes in Lorn were owner-occupied compared with 79.2% in 2016.
Lorn has 684 properties. Over the last 5 years, Houses in Lorn have seen a 48.03% increase in median value, while Units have seen a 64.29% increase. As at 31 October 2024:
- The median value for Houses in Lorn is $886,568 while the median value for Units is $497,575.
- Houses have a median rent of $645 while Units have a median rent of $335.
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