171-173 Liebig StreetWarrnambool VIC 3280
Property Details for 171-173 Liebig St, Warrnambool
Last Listing description (May 2019)
The property
A solid, low-maintenance, partly 2-level sandstone and block building. Very well presented with a brand new ground floor fit out. The upstairs area (with separate street entrance) is renovated and leased into quality office accommodation.
The tenants
A brand-new 5&5&5 lease. And a brand new store fit out. Plus office leased upstairs, with a total rent of $72,800.
The location
Warrnambool. The major regional city in Western Victoria. On the coast. And it s Humming. Population of 38,000 approx. Catchment population of over 100,000.
Liebig Street is the Main Street in Warrnambool. And Sheridan is in Liebig Street right in the CBD next door to Sports power, FACTORIE and then metres away from McDonalds and Princes Hwy.
The return
At $999,500 this property gives a solid, safe return of 7.2% of income.
This is a very rare opportunity to acquire a solid, secure, strategically-located, commercial investment property. In the main street of a serious regional city, with a National tenant, a brand new lease, a brand new fit out and a quality fully renovated leased space above.
Call now..
Mark Wilson on 0408 529 275 or on 5561 2777
Property History for 171-173 Liebig St, Warrnambool, VIC 3280
- 05 Jun 2019Sold for $980,000
- 05 Oct 2018Listed for Sale Not Disclosed
- 20 Sep 2017Listed for Rent $65,000 / year
Recent sales nearby
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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 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 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 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.
Warrnambool has 19,812 properties. Over the last 5 years, Houses in Warrnambool have seen a 41.59% increase in median value, while Units have seen a 28.83% increase. As at 31 December 2025:
- The median value for Houses in Warrnambool is $643,333 while the median value for Units is $414,300.
- Houses have a median rent of $580 while Units have a median rent of $450.
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