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Lithgow NSW 2790

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 690m2
Land area: 872m2
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Database exclusive - Blue chip regional investment

RWC Greater Sydney South along with Summit Property Agents proudly present an off-market opportunity for sale via Private Treaty, this landmark property situated in the main high street of a regional growth City, within 140km of Sydney's CBD. This high street exposure is ideally positioned on the city's main street near to the Town Square, Post Office and Railway Station. This city benefits from stable long-term economic growth and the upswing in population growth which is driving investment of commercial property within this significant regional town.
The property is fully leased by a long-term Blue-Chip government tenant providing a strong gross rental return of $284,628.03* (as of 1/11/24) with the tenant making a substantial commitment to the property by undertaking a major capital works to ensure a fluent floor plan and top quality fitout with the current owner also making a contribution towards the building improvements. The building is maintained to a very high standard and is set over four levels and features internal lift access and rear level building access to a secure gated car park providing 12 car parking spaces.
This represents an outstanding opportunity to secure a highly desirable and tightly held property. The specific location and additional information is available from the Agent upon request.
• Land area of 871.9 m2*
• Building area of 690.4 m2 / Net Lettable Area 604m2 (PCA method)*
• A wide street frontage of 20.42m*
• Internal lift in addition to stairwell
• Secure onsite parking for 12 vehicles
• Rear off-street access
Brad Lord
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Property Details for Contact Agent For Address, Lithgow

Building Type
Commercial
Floor Size
690m2
Land Size
872m2

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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 3,251 properties. Over the last 5 years, Houses in Lithgow have seen a 54.77% increase in median value, while Units have seen a 118.73% increase. As at 30 November 2024:

  • The median value for Houses in Lithgow is $488,353 while the median value for Units is $418,904.
  • Houses have a median rent of $410 while Units have a median rent of $320.
There are currently 64 properties listed for sale, and 22 properties listed for rent in Lithgow on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Lithgow.

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Brad Lord
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RWC Greater Sydney South
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