FOR SALE
Sale Price Unavailable

274-282 Mcculloch Street
Broken Hill NSW 2880

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 518m2
Land area: 390m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

COMMERCIAL INVESTMENT OPPORTUNITY

Strip of 3 shops in North location all leased to long term tenants.
• 274 McCulloch Street will be subject to a 3 year lease (with 3 + 3 year options) from settlement of sale @ $64,254 pa (+ GST) + outgoings.
This tenancy comprises a chemist shop and a 3-bedroom apartment upstairs.
• Shop 5 is leased to an Australia Post outlet on a 5 year lease (Dec 21 to Dec 26) + 5 year option @ $8,606.51 pa (+ GST).
• Shop 4 is leased to a takeaway food shop on a 3 year lease (July 22 to June 25) @ $10,911.12 pa (+ GST).
With a combined rental return of over $83,000 pa (+GST), this property is a worthy commercial addition to your portfolio.
Made up of several Freehold/Strata titles, request Contract of Sale for all tenancy and property information.
Zoned E1 Local Centre.
DISCLAIMER: First National Broken Hill has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details for 274-282 Mcculloch St, Broken Hill

Building Type
Commercial
Floor Size
518m2
Land Size
390m2

Commute Calculator

About Broken Hill 2880

The size of Broken Hill is approximately 13,004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2011 was 18,776 people. By 2016 the population was 17,837 showing a population decline of 5.0% in the area during that time. The predominant age group in Broken Hill is 50-59 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation. In 2011, 74.2% of the homes in Broken Hill were owner-occupied compared with 71.9% in 2016.

Broken Hill has 11,271 properties. Over the last 5 years, Houses in Broken Hill have seen a 103.58% increase in median value, while Units have seen a 96.88% increase. As at 30 September 2024:

  • The median value for Houses in Broken Hill is $189,017 while the median value for Units is $176,358.
  • Houses have a median rent of $340 while Units have a median rent of $230.
There are currently 134 properties listed for sale, and 22 properties listed for rent in Broken hill on OnTheHouse. According to CoreLogic's data, 508 properties were sold in the past 12 months in Broken hill.

Broken Hill Profile Page

Suburb Insights for Broken Hill 2880

Visit Broken Hill profile page
Market Insights
Broken Hill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Broken Hill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Broken Hill profile page
Contact agent
Zeta Bennett
Show contact details
Call agent
Mitchell Halpin
Show contact details
Call agent
First National - Broken Hill
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED