117-119 Oxide StreetBroken Hill NSW 2880
Property Details for 117-119 Oxide St, Broken Hill
Last Listing description (April 2024)
Commercial property fully tenanted and comprising two office suites.
117 consists of reception area, 3 offices, and a back room with a kitchenette. Reverse cycle heating and cooling.
Three year lease til 5/24 with option to renew.
Reverse cycle heating and cooling. One year lease til 9/24 with option to renew.
There are two toilets at the rear of the property and a small storage shed.
Well located with high levels of passing traffic and constructed of besser brick with concrete floors. Freehold 208.7m2 allotment and as a whole, returning $28,770 per annum plus outgoings, representing 12% + on your investment.
Council Rates: $2,357
DISCLAIMER: First National Broken Hill has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 117-119 Oxide St, Broken Hill, NSW 2880
- 29 Apr 2024Listed for Rent $19,800 / year
- 02 Apr 2024Sold for $230,000
- 12 Mar 2024Listed for Sale $230,000 (GST not applicable)
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0About Broken Hill 2880
The size of Broken Hill is approximately 13,004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2011 was 18,776 people. By 2016 the population was 17,837 showing a population decline of 5.0% in the area during that time. The predominant age group in Broken Hill is 50-59 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation. In 2011, 74.2% of the homes in Broken Hill were owner-occupied compared with 71.9% in 2016.
Broken Hill has 11,268 properties. Over the last 5 years, Houses in Broken Hill have seen a 88.95% increase in median value, while Units have seen a 79.05% increase. As at 31 October 2024:
- The median value for Houses in Broken Hill is $182,283 while the median value for Units is $160,380.
- Houses have a median rent of $340 while Units have a median rent of $220.
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