Row of commercial shops in prominent Central location and zoned B4 Mixed Use with current approved use of Commercial. Freehold 1400m2 allotment on the corner of Oxide and Chapple Streets, perfect for redevelopment or renovation (subject to council approval).
Two of the shops have been tenanted long term and are returning $13,500 pa and the remainder of the building comprises 3 vacant shops with concrete floors and need renovations completed.
Prime location for any commercial development.
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 11,267 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:
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