FOR SALE
EOI Closing Monday 16th September at 4pm

1 Burrell Place
Griffith NSW 2680

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 815m2
Land area: 1106.6m2
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Business and Freehold Opportunity

Whether you have a passion for motorcycles or you have been searching for a chance to genuinely be your own boss, you will be challenged to ignore this unique buying opportunity with both the business and freehold property being offered for sale.
For the first time in 4 decades, Griffith Motorcycle Centre is inviting new owners to take this business well into the future! A business displaying this level of long-term success is the testament to where a new owner can enter an established operation with confidence. Offering a diverse product range, a qualified staff roster and the willingness of the current owners to stay on for as long as needed, your search for certainty and fulfilling your goal to be in charge of your own time, can all be achieved at Griffith Motorcycle Centre.
The Premises
• High Exposure corner lot in the heart of the CBD
• Lot Size approx. 1106.6 sqm
• Approx 475sqm of retail/office space
• Approx 340 sqm of workshop/storage space
• Solar System
• Heating and Cooling
• Existing Security and Camera System
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Property Details for 1 Burrell Pl, Griffith

Building Type
Commercial
Floor Size
815m2
Land Size
1106.6m2

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About Griffith 2680

The size of Griffith is approximately 52 square kilometres. It has 78 parks covering nearly 13.9% of total area. The population of Griffith in 2011 was 16,973 people. By 2016 the population was 18,198 showing a population growth of 7.2% in the area during that time. The predominant age group in Griffith is 0-9 years. Households in Griffith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Griffith work in a labourer occupation. In 2011, 60.7% of the homes in Griffith were owner-occupied compared with 58.9% in 2016.

Griffith has 9,902 properties. Over the last 5 years, Houses in Griffith have seen a 67.98% increase in median value, while Units have seen a 62.05% increase. As at 31 July 2024:

  • The median value for Houses in Griffith is $517,730 while the median value for Units is $336,161.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 68 properties listed for sale, and 38 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2680

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Angelo Cirillo
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Nathan Thomas
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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.