FOR SALE
$1,650,000

Lot 3&4/118 Russell Street
Bathurst NSW 2795

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 429m2
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Substantial Investment Opportunity - Bathurst CBD

This substantial 429 square metre ground floor office suite forms part of a prominent commercial complex, strategically located on the corner of Russell & Bentinck Streets in Bathurst's CBD.
The long term home for one of Bathurst's leading medical practices, these combined strata titled suites incorporate all you would expect from modern, professional rooms including 11 consultation rooms, treatment rooms, reception, offices, meeting room waiting rooms, staff and patient amenities, staff parking and more.
With a current gross income of just over $141,000 (ex GST) per annum, the sale of this property represents a truly wonderful investment opportunity for the discerning investor.
For full details or to arrange an inspection, call today.

Property Details for Lot 3&4/118 Russell St, Bathurst

Building Type
Commercial
Floor Size
429m2

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About Bathurst 2795

The size of Bathurst is approximately 5.9 square kilometres. It has 17 parks covering nearly 16.7% of total area. The population of Bathurst in 2011 was 6,633 people. By 2016 the population was 6,939 showing a population growth of 4.6% in the area during that time. The predominant age group in Bathurst is 20-29 years. Households in Bathurst are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bathurst work in a professional occupation. In 2011, 47.6% of the homes in Bathurst were owner-occupied compared with 44% in 2016.

Bathurst has 5,440 properties. Over the last 5 years, Houses in Bathurst have seen a 54.19% increase in median value, while Units have seen a 54.21% increase. As at 30 September 2024:

  • The median value for Houses in Bathurst is $605,233 while the median value for Units is $402,341.
  • Houses have a median rent of $450 while Units have a median rent of $380.
There are currently 82 properties listed for sale, and 55 properties listed for rent in Bathurst on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Bathurst.

Suburb Insights for Bathurst 2795

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Matt Clifton
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Renee Howard
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Raine & Horne Bathurst
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.