SOLD
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Sold on 08 Oct 2024 - Price Unavailable

79 Liebig Street
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 170m2
Sold By
Harris & Wood Real Estate
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Property Details for 79 Liebig St, Warrnambool

Building Type
Commercial
Land Size
170m2
Local Government
Warrnambool
Lot/Plan
3/LP33605

Last Listing description (October 2024)

Located at the Southern end of Liebig Street amongst Warrnambools bustling restaurant precinct is this multilevel freehold opportunity.

Currently leased to Beautiful Creatures Makeup Salon for $53,500 per annum (+GST +Outgoings) the current term runs until June 2026 and allows for 1 further term of 3 years.

The building has provided over the years flexibility to lease to separate entities given its access to both Liebig Street and Ozone Carpark.

Zoned Commercial 1 and boasting approx. 350m2 of lettable space it is a rare opportunity in a tightly held location.

Property History for 79 Liebig St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
08 Oct 2024
Listed for Rent
18 Oct 2018
  • 08 Oct 2024
    Sold
  • 07 Jun 2024
    Listed for Sale Under Offer
  • 22 Sep 2022
    Listed for Sale For Sale
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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 19,165 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 210 properties listed for sale, and 21 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 655 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.