69-71 Buckingham Street, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

69-71 Buckingham Street
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2600m2
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Property Details for 69-71 Buckingham St, Lara

Building Type
Commercial
Land Size
2600m2
Local Government
Greater Geelong
Lot/Plan
49/PS612334

Last Listing description (November 2018)

ASL Real Estate are delighted to offer you the opportunity to lease this brand new, to be constructed centre in the rapidly growing suburb of Lara. Lara is located just 55 minutes from Melbourne and 20 minutes from Geelong. Lara has seen a 15% increase in families with young children between 2011 and 2016. The population forecast is for growth of over 45%. (idprofile.com.au)

The centre is part of the Grand Lakes estate which is now fully developed and home to more than 2000 residents. It is a vibrant community within a growing township of more than 16,000 residents.


- Rent $297,000 per annum, $2,200 per child
- Rent free period 6 months
- Town planning permit approved and centre to commence construction early 2018
- 131 places with 6 rooms
- Outstanding floor plan, all administrative areas to the front of the centre and all rooms overlooking the rear playground
- Centre will be fully completed and includes basic landscaping

Please request a memorandum and if interested, submit your best offer. Contact Celestine Eramo (0408 111 383), Wendy Zhou (0422 011 188) or Guido Bonanni (0407 444 808).

*****

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 69-71 Buckingham St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$1,500,000
01 May 2017
Listed for Rent
31 Oct 2018
  • 19 Dec 2017
    Listed for Rent $327,500 / year
  • 01 May 2017
    Sold for $1,500,000
  • 10 Jun 2015
    Sold for $650,000
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About Lara 3212

The size of Lara is approximately 89.5 square kilometres. There are 45 parks, covering nearly 6.7% of the total area. The population of Lara in 2016 was 16355 people. By 2021 the population was 19014 showing a population growth of 16.3% in the area during that time. The predominant age group in Lara is 30-39 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation.In 2021, 76.10% of the homes in Lara were owner-occupied compared with 75.10% in 2016.

Lara has 12,351 properties. Over the last 5 years, Houses in Lara have seen a 8.84% increase in median value, while Units have seen a 29.71% increase. As at 31 July 2026:

  • The median value for Houses in Lara is $776,915 while the median value for Units is $552,483.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 61 properties listed for sale, and 51 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 804 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

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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.