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Back 21 Westernport Rd
Off Market

21 Westernport Rd

Lang Lang VIC 3984

3
1
2
0 m²
House
Last sold for $690,000
Mark SewellMark Sewell, last sold this property on 08 June 2024 after 52 days on market.

Overview

The Brief: Secure Investment Returning Over $70,000 Per Annum

Its Addressed: Explore an extraordinary opportunity nestled in the heart of Lang Lang's bustling township with this exceptional property offering. Positioned on Main Street, this distinctive property encompasses an attached 3-bedroom residence paired with two adjacent commercial structures. With its strategic location, income-generating potential, and convenient amenities, this property presents an ideal investment opportunity for discerning buyers. Delve into the captivating features of this remarkable property: Commercial Buildings: Unlock the income potential of two separate commercial buildings, each offering unique opportunities for revenue generation. Commercial Building 1: Already yielding a comfortable income, the first commercial building provides a solid foundation for existing operations or the exploration of new business ventures. Commercial Building 2: Currently leased, the second commercial space ensures a steady income stream. Benefit from an established tenancy agreement and enjoy the advantages of a reliable lease. Residential Property: At the rear of the commercial spaces, discover a spacious and inviting 3-bedroom home. Complete with separate living areas, kitchen, bathroom, and laundry facilities, this residence offers privacy and comfort for occupants. Currently occupied by tenants, it provides immediate income potential. Prime Location: Strategically positioned on Main Street, this property enjoys unparalleled visibility and accessibility within the vibrant Lang Lang community. Capitalize on the bustling atmosphere and constant foot traffic, ensuring the success of your business endeavours. Utilities and Amenities: Connected to essential services including sewerage, town water, and natural gas, the property ensures convenience and efficiency for both residential and commercial purposes. Rear Lane Access and Expansive Backyard: Benefit from rear lane access, enhancing convenience and flexibility for deliveries, parking, or potential expansion projects. The generous backyard offers opportunities for outdoor activities, landscaping, or creating a tranquil retreat for residents or employees. Don't let this extraordinary opportunity slip away. Whether you're seeking a source of income or a strategic location for your business, this property caters to your needs. Seize the chance to secure your future in Lang Lang's thriving community. Contact Mark Sewell on 04013 719 821 to schedule a viewing or obtain additional information. "For more Real Estate in Lang Lang contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
0 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lang Lang over the last 12 months, the estimated median property value of 21 Westernport Rd is $692.5k.

Median value
$692.5k
Estimated value range
$499k - $1.25m
Median days on market
28
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lang Lang. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21 Westernport Rd

2024
Rented
Undisclosed
Leased on 13 Jun 2024 by Alex Scott & Staff - Koo Wee Rup
2024
Sold
$690,000
08 Jun 2024 by Mark Sewell, of Area Specialist - VIC
2019
Sold
Undisclosed
Private Sale/Treaty on 30 Oct 2019 by Andrew MacTaggart, of Alex Scott & Staff - Koo Wee Rup

Happy sellers in Lang Lang

63%
63% of sellers in Lang Lang reported that their sale price either exceeded or met their price expectations.

Lang Lang stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Lang Lang over the last 12 months.

Local market activity for 3 bedroom houses in Lang Lang

In the last 12 months, 18 three-bedroom houses similar to 21 Westernport Rd, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lang Lang

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Sharni Weekes

Sharni Weekes is an award winning recommended agent for Lang Lang.  They have 7 local sales and collected 7 local reviews across the last 12 months.

  •   5   (118 reviews)
  •  7 Reviews in Lang Lang
  •  7 Sales in Lang Lang
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Libby Talbot

Sellers who recommend Libby Talbot have praised them for being clear communication, local expert, friendly, responsive, hard-working, honest and reliable

  •   5   (56 reviews)
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Dale Atkin

Sellers who recommend Dale Atkin have praised them for being local expert, clear communication, responsive, honest, easy to work with, reliable and supportive

  •   5   (105 reviews)
  •  1 Review in Lang Lang
  •  2 Sales in Lang Lang
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Emily Grainger

Sellers who recommend Emily Grainger have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and dedicated

  •   4.9   (209 reviews)
  •  1 Review in Lang Lang
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