20-22 Strong StreetWarrnambool VIC 3280
Property Details for 20-22 Strong St, Warrnambool
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
- 19 Jul 2024Listed for Rent - Price not available
- 28 Jun 2024Sold for $1,050,000
- 07 Jun 2024Listed 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 19,184 properties. Over the last 5 years, Houses in Warrnambool have seen a 58.68% increase in median value, while Units have seen a 42.89% increase. As at 30 November 2024:
- The median value for Houses in Warrnambool is $597,583 while the median value for Units is $432,126.
- Houses have a median rent of $540 while Units have a median rent of $420.
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