OFF MARKET

11 Short Street
Grenfell NSW 2810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 586m2
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Property Details for 11 Short St, Grenfell

11 Short St, Grenfell is a 0 bedroom, 0 bathroom House. The property has a land size of 586m2. While the property is not currently for sale or for rent, it was last sold in June 2007.

Building Type
House
Land Size
586m2
Local Government
Weddin
Lot/Plan
3/DP587162

Last Listing description (November 2024)

Raine & Horne Young & Grenfell is pleased to present 11 Short Street, Grenfell, NSW 2810-a prime, fully leased commercial property that's perfect for astute investors!

Property Features:
Leased Office Space: Comprising 9 offices (each with built in storage), a spacious reception area, kitchen, male and female toilets, and a well-equipped conference room.

Secure Lease: Currently leased for 3 years (expiring June 2027), with an additional 3-year option available. CPI adjustment included at the end of each year.
Strong Returns: Generating a solid income of $490 plus GST per week, offering a robust annual return.
Land Area: Spanning 586.7 sqm, providing ample space for business operations.
Prime Location: Just a short stroll to the CBD, ensuring excellent visibility and accessibility for clients and visitors.
Ample Street Parking: Convenient parking options available for staff and clients.
Comfort Features: Equipped with reverse cycle air conditioning for year-round comfort.

This is a fantastic opportunity to secure a fully leased investment in a growing area.

Act now! Contact us today for more information and to view the attached building plan. Don't let this opportunity pass you by!

Property History for 11 Short St, Grenfell, NSW 2810

A timeline of how this property has performed in the market
Last Sold
$200,000
17 Jun 2007
  • 25 Oct 2024
    Listed for Sale $620,000
  • 17 Nov 2020
    Listed for Sale $395,000
  • 17 Jun 2007
    Sold for $200,000
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About Grenfell 2810

The size of Grenfell is approximately 878 square kilometres. It has 16 parks covering nearly 7.2% of total area. The population of Grenfell in 2011 was 2,583 people. By 2016 the population was 2,561 showing a population decline of 0.9% in the area during that time. The predominant age group in Grenfell is 60-69 years. Households in Grenfell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grenfell work in a managers occupation. In 2011, 73.6% of the homes in Grenfell were owner-occupied compared with 73.2% in 2016.

Grenfell has 1,845 properties. Over the last 5 years, Houses in Grenfell have seen a 43.48% increase in median value, while Units have seen a 31.52% increase. As at 30 November 2024:

  • The median value for Houses in Grenfell is $265,616 while the median value for Units is $302,128.
  • Houses have a median rent of $320.
There are currently 44 properties listed for sale, and 1 property listed for rent in Grenfell on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Grenfell.

Suburb Insights for Grenfell 2810

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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.