36 Lambert AvenueNewtown VIC 3220
Property Details for 36 Lambert Ave, Newtown
Last Listing description (January 2024)
Gartland is thrilled to be offering 36 Lambert Avenue, Newtown for sale by Auction on the 2nd of November 2023 at 12:00pm - Onsite.
The property is strategically located to provide the occupiers outstanding work life balance with Pakington Street and the Barwon River within walking distance. 36 Lambert Avenue will suit to an owner occupier or developer to maximise the potential the property offers.
With a land area of 544 square meters and a building area of 171 square meters, this property provides ample space for a wide range of industries, from manufacturing to distribution and storage.
AUCTION: 2nd of November 2023 at 12:00pm - Onsite.
Property Features;
Secure yard
Opportunity to develop
Offered for sale with vacant possession
Land area - 544sqm approx.
Build area - 171sqm approx.
Commercial 2 Zone
Don't miss out on securing this prime industrial/warehouse property in Newtown. Contact our agents today for a viewing and further information.
Property History for 36 Lambert Ave, Newtown, VIC 3220
- 02 Nov 2023Sold for $1,056,000
- 03 Oct 2023Listed for Sale Contact Agent
- 11 Aug 2005Listed for Rent - Price not available
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0About Newtown 3220
The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154 showing a population growth of 4.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with 69.6% in 2016.
Newtown has 5,737 properties. Over the last 5 years, Houses in Newtown have seen a 44.96% increase in median value, while Units have seen a 17.27% increase. As at 30 September 2024:
- The median value for Houses in Newtown is $1,234,241 while the median value for Units is $556,047.
- Houses have a median rent of $550 while Units have a median rent of $430.
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