Property Details for 207 Lava St, Warrnambool
Last Listing description (June 2020)
Harris & Wood is pleased to offer this versatile commercial freehold well located within Warrnambools CBD on a large 1,259m2 Commercial 1 zoned site.
Consisting of 2 separate rental spaces, 1 currently occupied until 2022 by Lava Street Veterinary Clinic (at $37,500+GST+outgoings), when fully let has represented an 8%+ return on investment.
The prime land holding provides upside to develop further in the future and should appeal to investors, owner occupiers and developers alike.
Property History for 207 Lava St, Warrnambool, VIC 3280
- 12 Mar 2020Listed for Sale $550,000
- 24 Oct 2017Listed for Rent - Price not available
- 10 Aug 2015Listed for Sale $49,000 + SAV
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0About 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 19,813 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.
Suburb Insights for Warrnambool 3280
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