OFF MARKET

79-83 Cherry Lane
Laverton North VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 23289m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 79-83 Cherry Lane, Laverton North

Building Type
Commercial
Land Size
23289m2
Local Government
Wyndham
Lot/Plan
1/PS511867

Last Listing description (October 2018)

FOR SALE VIA AN EXPRESSIONS OF INTEREST CAMPAIGN CLOSING THURSDAY 5TH JULY AT 4:00PM (AEST)
JLL as exclusive selling agents have the pleasure in offering for sale a rare bond like investment opportunity at 79-83 & 85 Cherry Lane, Laverton North Victoria.
Key Investment Highlights include:

+ 20 year lease term with options
+ Fully leased to listed company Probiotec Limited (ASX: PBP)
+ Net passing income of $1,570,000 p.a.
+ Strong annual rental growth of 3.5% p.a
+ Triple Net Structure tenant responsible for all outgoings including those of a capital/structural nature
+ GLA of 17,211 sqm* on completion of building works
+ Site area of 3.1ha*
+ Core Logistics location
+ Outstanding exposure with 224 metre* frontage to Princes Freeway
*approximate
To request a copy of the information memorandum or for further information please contact the listing agents on details below.

Show More

Property History for 79-83 Cherry Lane, Laverton North, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$23,795,738
16 Oct 2021
  • 16 Oct 2021
    Sold for $23,795,738
  • 24 Aug 2018
    Sold for $24,500,000
  • 07 Jun 2018
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Laverton North 3026

The size of Laverton North is approximately 15.4 square kilometres. It has 7 parks covering nearly 12.2% of total area. The population of Laverton North in 2011 was 94 people. By 2016 the population was 54 showing a population decline of 42.6% in the area during that time. The predominant age group in Laverton North is 60-69 years. In general, people in Laverton North work in a machinery operators and drivers occupation. In 2011, 39.6% of the homes in Laverton North were owner-occupied compared with 32.6% in 2016..

Laverton North has 1,320 properties. Over the last 5 years, Houses in Laverton North have seen a 41.62% increase in median value. As at 30 November 2024:

  • The median value for Houses in Laverton North is $761,839 while the median value for Units is $615,952.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Laverton north on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Laverton north.

Laverton North Profile Page

Suburb Insights for Laverton North 3026

Visit Laverton North profile page
Market Insights
Laverton North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Laverton North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Laverton North profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED