SOLD
Sold on 28 Jun 2024 for $1,050,000

20-22 Strong Street
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: 15
Land area: 4310m2
Sold By
Harris & Wood Real Estate
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Property Details for 20-22 Strong St, Warrnambool

Building Type
Commercial
Land Size
4310m2
Local Government
Warrnambool
Lot/Plan
42/LP137456

Last Listing description (August 2024)

Introducing a large industrial holding with a site area of some 4,310m2 in Warrnambools tightly held West Industrial estate.

Currently leased to Fulton Hogan Industries Pty Ltd until 30/09/2024 beyond which it will become available for occupation.

The site and positioning of the existing shed (floor area of approx. 495m2) provide potential for additional development (STCA).

Zoned Industrial 1 it is an investment that will provide a quality leasing or owner occupier option in a market starved of opportunities.

Property History for 20-22 Strong St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$1,050,000
28 Jun 2024
  • 19 Jul 2024
    Listed for Rent - Price not available
  • 28 Jun 2024
    Sold for $1,050,000
  • 07 Jun 2024
    Listed for Sale Under Offer
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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.

Warrnambool has 19,166 properties. Over the last 5 years, Houses in Warrnambool have seen a 61.76% increase in median value, while Units have seen a 50.43% increase. As at 31 October 2024:

  • The median value for Houses in Warrnambool is $609,090 while the median value for Units is $414,500.
  • Houses have a median rent of $530 while Units have a median rent of $420.
There are currently 206 properties listed for sale, and 16 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 651 properties were sold in the past 12 months in Warrnambool.

Suburb Insights for Warrnambool 3280

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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.