Executive Summary
414 Wagga Road, Lavington
Prime Development Opportunity with DA-Approved Childcare Centre
This property presents an exceptional opportunity for developers and owner-occupiers, boasting an unbeatable location in the Albury area with immediate access to the Hume Highway. Its strategic position ensures unparalleled connectivity and convenience, making it an ideal site for a range of developments.
What sets this property apart is the Development Approval (DA) for a state-of-the-art childcare centre with 115 places. This approval significantly enhances the property’s investment potential, providing a ready-to-go project that aligns with the growing demand for childcare services in the region.
Whether you’re looking to capitalize on the area’s growth or establish a high-yield investment, this property offers a unique blend of location, accessibility, and approved development plans to deliver exceptional returns.
For further information or to organise an inspection, please contact Kristian Hopwood or David Stean.
Kristian@steannicholls.com.au 0473 888 821
David@snprojects.com.au 0407 744 478
Kristian Hopwood Director
T: (02) 6021 5233
M: 0473 888 821
E: kristian@steannicholls.com.au
Executive Summary
The Property
This is a rare opportunity to purchase 2,694m2 of land in the tightly held Wagga Road, Lavington area.
Features:
• 2,694m2 total (approx.)
• Development approval for a 115 place childcare centre
• Suited to development or owner occupier
• Regular shape with good site dimensions
• B4 Mixed Use
• Exceptional Hume Highway (M31) access via exits Thurgoona Drive and Racecourse Road
Outgoings
Council rates
Water and sewerage rates
Zoning:
$6,820.09 per annum (approx.)
$404.25 per annum + consumption (approx.)
B4 Mixed Use
Title: LOT 2 DP212800
Planning authority: Albury City Council
Sale Process
Expressions of Interest
The Property
414 Wagga Road is a located in one of the major thoroughfares into Albury. This parcel of land is rarely offered to the market and will be sold via Expressions of Interest closing 12.30pm Monday 24th February.
With significant frontage to Wagga Road, this property has a great presence and takes advantage of high traffic volume. Surrounded by an abundance of key infrastructure including easy access to Hume Highway via Thurgoona Drive and Racecourse Road.
Zoned as B4 Mixed use, the land encourages the development for an array of commercial purposes (STCA). To understand more about this opportunity, please contact Kristian Hopwood to find out more.
Location
414 Wagga Road, Lavington is located centrally between the Thurgoona Drive and Racecourse Road exits, providing exceptional access to the Hume Highway (M31). This prime location is the thoroughfare into the region’s fastest growing precincts. The area’s strong appeal is demonstrated by the many national and international corporations located within the precinct including Aldi, McDonalds, Caltex, Big W and Woolworths.
Illustration only – not to scale
Around The Area
Albury is a major regional city in New South Wales, located on the Hume Highway on the Northern side of the Murray River, while its twin sister Wodonga lays on the southern side of the Murray River in Victoria. Albury has an urban population of over 57,000 and a combined population of over 100,000 residences with Wodonga.
Located just 500 km to Sydney and 300 km to Melbourne, Albury is considered a major transport link between NSW and VIC, both road and railway. With 46 major projects underway, the Albury-Wodonga region is a growing, vibrant, and tranquil destination where locals and visitors can find time to stop, relax, unwind, and explore.
The Albury City Council is underpinned by their Community Strategic Plan called Towards Albury 2050. Towards Albury 2050 provides a long-term approach and plan for the future of the community. The plan is structured under four strategic directions or themes – A Growing Sustainable Economy, An Enhanced Natural Environment, A Caring Community and A Leading Community. For more information, you can visit https://www.alburycity.nsw.gov.au/council/future-planning/ albury-2050
The City of Albury, located in Wiradjuri country, has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities. Albury has a cosmopolitan feel that reflects a unique multicultural heritage.
Kristian Hopwood Director
T: (02) 6021 5233
M: 0473 888 821
E: kristian@steannicholls.com.au
David Stean
Stean Nicholls Projects
T: (02) 6021 5233
M: 0407 744 478
E: david@snprojects.com.au
steannicholls.com.au 02 6021 5233 Suite 1, Unit 19, 669 Dean Street, Albury
Disclaimer
The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.
The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.
The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure:
All areas, measurements, boundaries, building outgoings and rents are approximate only and subject to final confirmation;
The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.
GST Disclaimer
Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.