SOLD
Sold on 09 Aug 2024 for $409,000

118 Bourke Street
Glen Innes NSW 2370

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 550m2
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Property Details for 118 Bourke St, Glen Innes

Building Type
Commercial
Land Size
550m2
Local Government
Glen Innes Severn
Lot/Plan
B/DP397750

Last Listing description (February 2024)

118 Bourke Street Glen Innes is a strong commercial investment property located within the CBD of Glen Innes. The building is currently rented until 20.09.2024 with another 3 year option to an established and thriving business. The premises consists of a large retail showroom, undercover loading dock, office with separate storeroom and ducted air-conditioning throughout.

This property presents an opportunity to purchase a low maintenance commercial investment with a good return.

Property History for 118 Bourke St, Glen Innes, NSW 2370

A timeline of how this property has performed in the market
Last Sold
$409,000
09 Aug 2024
Listed for Rent
$1.06k/w
25 Aug 2015
  • 09 Aug 2024
    Sold for $409,000
  • 19 Jan 2022
    Listed for Sale Not Disclosed
  • 13 Aug 2015
    Listed for Rent $1,057 / week
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About Glen Innes 2370

The size of Glen Innes is approximately 198.3 square kilometres. It has 20 parks covering nearly 3.2% of total area. The population of Glen Innes in 2011 was 6,135 people. By 2016 the population was 6,146 showing a population growth of 0.2% in the area during that time. The predominant age group in Glen Innes is 60-69 years. Households in Glen Innes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glen Innes work in a professional occupation. In 2011, 67.6% of the homes in Glen Innes were owner-occupied compared with 65.3% in 2016.

Glen Innes has 3,830 properties. Over the last 5 years, Houses in Glen Innes have seen a 86.80% increase in median value, while Units have seen a 43.00% increase. As at 31 October 2024:

  • The median value for Houses in Glen Innes is $349,454 while the median value for Units is $274,211.
  • Houses have a median rent of $360 while Units have a median rent of $263.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Glen innes on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Glen innes.

Suburb Insights for Glen Innes 2370

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.