OFF MARKET

111 Princes Highway
Lucknow VIC 3875

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 913m2
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Last updated 16 Dec 2024
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Property Details for 111 Princes Hwy, Lucknow

111 Princes Hwy, Lucknow is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 913m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2010.

Building Type
Townhouse
Year Built
2005
Floor Size
87m2
Land Size
913m2
Local Government
East Gippsland
Lot/Plan
2/PS535106

Last Listing description (August 2010)

Great Investment
With subdivision potential (STCA) these two 2 bedroom units, on one title, currently have existing leases in place with an income stream of $19,500 p/a.
The units are of the same design, with the living areas having North and East facing windows to maximise natural light.

The bedrooms and living area are of a good size and being only 8 years old (approx), require little to low maintenance.
Externally, they each have a courtyard area with garden shed, which makes for a pleasant afternoon outdoor area.
I you are looking for an investment and this falls within your budget, do yourself a favour and enquire.

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Property History for 111 Princes Hwy, Lucknow, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$330,000
21 Sep 2010
Listed for Rent
$190/w
23 Jun 2009
  • 21 Sep 2010
    Sold for $330,000
  • 02 Jul 2010
    Listed for Sale 348000
  • 21 Apr 2009
    Listed for Rent - Price not available
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About Lucknow 3875

The size of Lucknow is approximately 19.7 square kilometres. It has 7 parks covering nearly 1.8% of total area. The population of Lucknow in 2011 was 1,065 people. By 2016 the population was 1,243 showing a population growth of 16.7% in the area during that time. The predominant age group in Lucknow is 60-69 years. Households in Lucknow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lucknow work in a trades occupation. In 2011, 74% of the homes in Lucknow were owner-occupied compared with 73.4% in 2016.

Lucknow has 1,310 properties. Over the last 5 years, Houses in Lucknow have seen a 70.32% increase in median value, while Units have seen a 45.04% increase. As at 30 November 2024:

  • The median value for Houses in Lucknow is $568,440 while the median value for Units is $327,919.
  • Houses have a median rent of $550 while Units have a median rent of $225.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Lucknow on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Lucknow.

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