FOR SALE
399,000 (GST may apply if applicable)

132 Otho Street
Inverell NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 150m2
Land area: 500m2
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Office Space!

Located in Otho Street, commercial building with versatile floorplan offering 3 separate office spaces, currently all offices are under lease. Site has good street appeal & excellent traffic flow, close proximity to government agencies including the Inverell shire council, post office, government office block, court house & new police station. All lettings have reception & two offices, all air conditioned plus shared male/female amenities, triple carport & rear lane access. Financials available for genuine
enquires. GST may apply if applicable.

Property Details for 132 Otho St, Inverell

Building Type
Commercial
Floor Size
150m2
Land Size
500m2

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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,485 properties. Over the last 5 years, Houses in Inverell have seen a 70.60% increase in median value, while Units have seen a 42.36% increase. As at 30 September 2024:

  • The median value for Houses in Inverell is $367,985 while the median value for Units is $292,866.
  • Houses have a median rent of $380 while Units have a median rent of $300.
There are currently 106 properties listed for sale, and 33 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Inverell.

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Dave McMahon
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Raine & Horne Inverell
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