FOR SALE
$825,000 + GST

290 Banna Avenue
Griffith NSW 2680

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 155m2
Land area: 208.7m2
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Commercial Investment Opportunity!

Presenting an ideal opportunity for investors to acquire this main street property, strategically located in centre of block of Banna Avenue Griffith.
Offering shopfront premises, the property is nestled in the heart of the main street amongst long established business houses such as iTravel, Priceline, Katies & Strandbags.
This exceptional situation lends itself to the savvy investor looking to capitalise on a well-positioned property with prominent exposure for a good long-term tenancy.
- Lease to National Tenant
- New lease in place
- Land Area 208m2
- Lettable Area 155m2
- Zoned B2 local centre
Disclaimer: The particulars above have been supplied to us by the Vendors for whom we act as agents, we as agents have not verified the content to be true or false, therefore intending Purchasers should satisfy themselves as to the correctness of these details.

Property Details for 290 Banna Ave, Griffith

Building Type
Commercial
Floor Size
155m2
Land Size
208.7m2

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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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Frank Franco
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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.