7-8 Industry CourtLara VIC 3212
Property Details for 7-8 Industry Ct, Lara
Last Listing description (November 2023)
Colliers is delighted to present an exceptional opportunity at 7-8 Industry Court, now available For Sale.
The vendor is open to selling the property with vacant possession, providing an ideal solution for owner-occupiers, or with a lease back arrangement in place, catering to the needs of savvy investors.
Based on recent industrial land sales achieved in the immediate area, and the cost of building a warehouse of this quality, this is below replacement value.
The warehouse comprises easy access for trucks, and high clearance throughout ensuring the best use of space. Additionally, there is a substantial office, reception, and kitchen area, and a mezzanine which would make a fantastic office or storage area.
The Location of this warehouse is hard to beat and is only 596 metres* from the Princes Highway which provides easy access to Melbourne & Geelong. Also within proximity is Avalon Airport (5.6 kilometres*), which includes major tenants such as Cotton On, Australia Post and Petstock. This area is due to grow substantially with the proposed $2.3 billion* Greater Avalon Business Park, outlining the long-term success of this location.
Key Property Details:
- Build Area: 954 square metres*
- Land Area: 1,526 square metres*
- High Clearance Warehouse
- 10 on-site car parks
- Security fencing
- Zoned Industrial 3
For more information or to arrange a viewing, please get in touch with our exclusive selling agents:
Ned Tansey
0492 892 191
Jonathon Lumsden
0402 213 572
*Approx
Property History for 7-8 Industry Ct, Lara, VIC 3212
- 22 Sep 2023Listed for Sale For Sale: $2,500,000 to $2,700,000
- 16 Apr 2008Sold for $266,200
- 08 Dec 2005Sold for $258,500
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0About 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 12,348 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.
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