OFF MARKET

186 Asbury Road
Lurg VIC 3673

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 260312m2
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Property Details for 186 Asbury Rd, Lurg

Building Type
Commercial
Land Size
260312m2
Local Government
Benalla
Lot/Plan
2/LP123087

Last Listing description (April 2019)

**Expressions Of Interest closes Monday 17th December 2018 at 5pm**

Benalla Quarry is on freehold rural land of approximately 64 acres. The Quarry is currently operated on a short term lease as a going concern, however the Vendor assures vacant possession at settlement.


With all the plans going forward in Benalla and District the demand on Quarry resources for Road Base and the like, it certainly makes this property a valuable resource.

While the parcel of land is principally value added by the Quarry and its sedimentary road base resource there is potential to create a lifestyle property with ample room and established paddocks for your horses or other farm animals. The rolling hills of Lurg provide some home sites (S.T.C.A) with spectacular views of the surrounding district. Your purchase may even be a combination of lifestyle with the Quarry income.

This is a very special opportunity that rarely presents itself and as such we suggest Expressions of Interest be registered promptly.

Details of Benalla Quarry including the Vendor Statement, Work Authority and Expressions of Interest submission form can be obtained by contacting Travis 24/7 on 0447 693 048 or at the Agency on 03 5762 6232.

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Property History for 186 Asbury Rd, Lurg, VIC 3673

A timeline of how this property has performed in the market
Last Sold
$302,500
28 Jun 2021
Listed for Rent
14 May 2019
  • 28 Jun 2021
    Sold for $302,500
  • 15 Nov 2018
    Listed for Sale Expressions of Interest
  • 27 Aug 2014
    Sold for $350,000
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About Lurg 3673

The size of Lurg is approximately 66.2 square kilometres. The population of Lurg in 2011 was 461 people. By 2016 the population was 224 showing a population decline of 51.4% in the area during that time. The predominant age group in Lurg is 60-69 years. Households in Lurg are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lurg work in a managers occupation. In 2011, 87.3% of the homes in Lurg were owner-occupied compared with 84.4% in 2016..

Lurg has 116 properties. Over the last 5 years, Houses in Lurg have seen a 32.97% increase in median value. As at 31 August 2024:

  • The median value for Houses in Lurg is $758,157 while the median value for Units is $500,623.
There are currently no properties listed for sale, and no properties listed for rent in Lurg on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Lurg.

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