1/313 Urana Road, Lavington, NSW 2641

Offices

Sold

  • Property ID: 438038
  • Floor Area: 277m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 24/11/2023 277m2 N/A Contact Agent
SECURE INVESTMENT SOLD WITH NEWLY AGREED 4-YEAR TENURE

Dixon Commercial Real Estate are pleased to offer for sale 1/313 Urana Road at Auction on Friday 24 November, 2023 at 2:30pm on-site.

The 277 square metre office premises is prominently positioned on Urana Road in central Lavington with a frontage of approximately 9 metres. The property is offered for sale subject to a newly agreed lease to Ray White Albury North who are renowned as a market leader and have occupied the building for many years.

Lease Details:
Tenant: ABX Properties Pty Ltd t/a Ray White Albury North
Net Annual Rent: $55,000 + GST
Lease Commencement: 15 October, 2023
Lease Tenure: Four (4) years
Option: Four (4) year option thereafter
Rent Review: Annually to CPI

In addition, the property boasts rear lane access from Buchhorn Lane and seven (7) on-site car parks.

Terms: 10% deposit, balance 60 days.

For more information or to arrange an inspection, please contact the agents below.

Lavington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $206 ---
Retail --- $215 ---
Industrial --- $68 ---
This is the average advertised price, rent and yield for Lavington, NSW 2641*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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