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.
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 3,831 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:
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