FOR SALE
$490,000

129 Main Street
Lithgow NSW 2790

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 120m2
Land area: 221m2
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COMMERCIAL OPPORTUNITY IN THE HEART OF LITHGOW

Tenanted investment or vacant possession - the choice is yours!
Situated along Lithgow's vibrant Main Street with high foot traffic and prominent street frontage, this commercial property offers a versatile investment and a dual income opportunity.
Currently fitted out and operating as a well known clothing boutique, the property includes a one bedroom residence on the upper level, ample storage space, dual access, and parking facilities.
Its prime location in the hub of the CBD places it just 58m from Cook Street Plaza, 62m to the Lithgow Post Office, and 130m from Lithgow Railway Station.
Lithgow serves as a key regional hub for Greater West NSW, supported by strong economic activity and ongoing growth. In the year ending June 2021, the Gross Regional Product reached $1.64 billion, marking an 8.5% increase.
Lithgow is located 141.1km from Sydney and is home to a variety of local, national, and international businesses and government agencies, spanning industries such as power generation, mining, manufacturing, health services, education, confectionery, entertainment, and retail.
With a potential rental income of $450 per week for the shop and $210 per week for the upper level residence, this property offers a golden opportunity to secure an asset in a thriving location.
Council rates: Approximately $1,530 per quarter as of July 2023
Disclaimer: The information provided by Ray White Lithgow in this listing is for general informational purposes only. While every effort has been made to ensure the accuracy of details, they are not guaranteed and should be independently verified. Interested parties are advised to conduct their own investigations and relevant searches.

Property Details for 129 Main St, Lithgow

Building Type
Commercial
Floor Size
120m2
Land Size
221m2

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About Lithgow 2790

The size of Lithgow is approximately 6 square kilometres. It has 18 parks covering nearly 23.4% of total area. The population of Lithgow in 2011 was 5,649 people. By 2016 the population was 5,211 showing a population decline of 7.8% in the area during that time. The predominant age group in Lithgow is 60-69 years. Households in Lithgow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lithgow work in a trades occupation. In 2011, 65% of the homes in Lithgow were owner-occupied compared with 62% in 2016.

Lithgow has 3,253 properties. Over the last 5 years, Houses in Lithgow have seen a 58.89% increase in median value, while Units have seen a 80.15% increase. As at 31 October 2024:

  • The median value for Houses in Lithgow is $492,473 while the median value for Units is $361,573.
  • Houses have a median rent of $410 while Units have a median rent of $330.
There are currently 73 properties listed for sale, and 21 properties listed for rent in Lithgow on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Lithgow.

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Jaharn Torok
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Allisa Quince
RayWhite Lithgow
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