FOR SALE
$1,080,000 + GST

274 Banna Avenue
Griffith NSW 2680

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 430m2
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Prized 'Centre Block' Location

Located in the heart of Griffith's Main Street, in the esteemed centre block enjoying strong passing trade and exposure. Perfectly positioned amongst a hub of long-established retail businesses and eateries, close to amenities, Banks, Post Office, Memorial Park with transport near-by.
The property comprises full brick building with approximately 160m2 of lettable area and a frontage of nine metres approx. The rear of the property is accessed via Banna Lane and provides convenient on-site parking.
- Significant potential to expand on the current building
- Surrounded by a mix of retail outlets, restaurants and cafes
- Leased to strong national tenant - Strandbags
- Rent $66,830.16 + GST pa

Property Details for 274 Banna Ave, Griffith

Building Type
Commercial
Floor Size
160m2
Land Size
430m2

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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 9,947 properties. Over the last 5 years, Houses in Griffith have seen a 74.08% increase in median value, while Units have seen a 80.40% increase. As at 31 October 2024:

  • The median value for Houses in Griffith is $534,447 while the median value for Units is $362,987.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 70 properties listed for sale, and 46 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2680

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Mark Davidson
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Elders Real Estate Griffith
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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.