342 Urana Road, Lavington, NSW 2641 | Property Value & History | OnTheHouse
OFF MARKET

342 Urana Road
Lavington NSW 2641

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1638m2
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Property Details for 342 Urana Rd, Lavington

Building Type
Commercial
Land Size
1638m2
Local Government
Albury City
Lot/Plan
1/DP504812

Last Listing description (November 2023)

Burgess Rawson is pleased to offer to the market 7-Eleven Lavington NSW for sale via our Investment Portfolio Auction 165.

The property has the following investment highlights:

+ Brand new 12 year lease to 2035 + options to 2055

+ 7-Eleven: Australia's #1 convenience retailer with over 720 stores and accounting for approximately 38% market share
+ Compounding fixed 3% annual rent reviews ensuring long term rental growth
+ Tenant responsible for all usual outgoings as per the lease
+ Brand new 2023 construction offering maximum depreciation benefits
+ Purpose built 7-Eleven with latest specification design
+ Strategic 1,638 sqm* corner landholding serving as a gateway to Woolworths anchored Lavington Square Mall & Coles Supermarket
+ Ideal CBD position on Urana Road close to Wagga Road - Lavington's main commercial thoroughfare
+ Lavington: largest suburb of Albury which is the second largest inland city in NSW with a population set to soar 30% by 2036*
+ Net Income: $320,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 5 December 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx.

Property History for 342 Urana Rd, Lavington, NSW 2641

A timeline of how this property has performed in the market
Last Sold
$5,300,000
17 Jun 2024
  • 17 Jun 2024
    Sold for $5,300,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 16 Feb 2023
    Sold
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About Lavington 2641

The size of Lavington is approximately 14.8 square kilometres. There are 11 parks, covering nearly 3.2% of the total area. The population of Lavington in 2016 was 12472 people. By 2021 the population was 13073 showing a population growth of 4.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation.In 2021, 56.40% of the homes in Lavington were owner-occupied compared with 58.10% in 2016.

Lavington has 7,994 properties. Over the last 5 years, Houses in Lavington have seen a 84.62% increase in median value, while Units have seen a 68.15% increase. As at 31 July 2026:

  • The median value for Houses in Lavington is $610,409 while the median value for Units is $414,925.
  • Houses have a median rent of $520 while Units have a median rent of $385.
There are currently 49 properties listed for sale, and 31 properties listed for rent in Lavington on OnTheHouse. According to Cotality's data, 355 properties were sold in the past 12 months in Lavington.

Suburb Insights for Lavington 2641

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.