152 Mcclelland AvenueLara VIC 3212
Property Details for 152 Mcclelland Ave, Lara
Last Listing description (August 2023)
Colliers are excited to present 152 McClelland Avenue, Lara for sale by Auction on Tuesday 22 August 2023 at 12pm on-site (AEST).
This presents a fantastic opportunity to acquire vacant industrial land in the tightly held industrial pocket of Lara. Comprising outstanding development potential (STCA), and high exposure to passing traffic, this is an opportunity not to be missed.
The property is easily accessible from key arterials including Princes Freeway, Old Melbourne Road and Avalon Road. This strategic location is only 5.6kms* to Avalon Airport, 18kms* to Geelong CBD, and 59kms* to Melbourne.
Avalon is set to undergo substantial commercial growth both at Avalon Airport and the proposed $2.3 billion* Greater Avalon Business Park. With major tenants including Australia Post, Victoria Police, Cotton On and Petstock already occupying significant space.
Key Property Highlights:
- Land area 1,500 square metres*
- Frontage 24 metres*
- Offered with vacant possession
- 478 metres* to Princes Freeway
- 5.6 kilometres* to Avalon Airport
- Potential 50% stamp duty concessions
- Zoned Industrial 3
Settlement 60/90 days
For more information, please contact exclusive selling agents Ned Tansey 0492 892 101 or Jonathon Lumsden 0402 213 572.
*Approx
Property History for 152 Mcclelland Ave, Lara, VIC 3212
- 22 Aug 2023Sold for $1,280,000
- 20 Jul 2023Listed for Sale Please contact agent
- 17 May 2006Sold for $286,999
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0About Lara 3212
The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of total area. The population of Lara in 2011 was 13,845 people. By 2016 the population was 16,375 showing a population growth of 18.3% in the area during that time. The predominant age group in Lara is 40-49 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation. In 2011, 76.8% of the homes in Lara were owner-occupied compared with 75.1% in 2016.
Lara has 10,816 properties. Over the last 5 years, Houses in Lara have seen a 30.80% increase in median value, while Units have seen a 29.55% increase. As at 30 September 2024:
- The median value for Houses in Lara is $711,474 while the median value for Units is $457,228.
- Houses have a median rent of $550 while Units have a median rent of $420.
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