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Sold on 28 Jun 2024 - Price Unavailable

175 Yambil Street
Griffith NSW 2680

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 450m2
Land area: 1113m2
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Property Details for 175 Yambil St, Griffith

Building Type
Commercial
Floor Size
450m2
Land Size
1113m2
Local Government
Griffith
Lot/Plan
4/6/DP758476

Last Listing description (June 2024)

Introducing 175 Yambil Street, Griffith - a modern commercial property built in 2013 by Anthony Forlico Building. This property is contrsucted of external brick walls and iron roof, providing a solid foundation for any business venture.

Situated on a land size of approximately 1113m2, this property is strategically zoned B2 Local Centre, offering a wide range of potential uses. Currently leased by Murrumbidgee Local Health District from 1st November 2023 to 31st October 2028, with an additional 1x 5 Year Option, this property presents a secure and lucrative investment opportunity.

Generating an impressive income of $166,102.20 + GST in rent per annum, this property offers a stable and reliable return on investment. The building is fully fitted with an approximately 23kw solar grid system, emphasizing its commitment to sustainability and cost-efficiency.

Don't miss out on this chance to secure a profitable and well-maintained commercial property in the heart of Griffith. Contact us today to arrange a viewing and start realizing the potential of 175 Yambil Street.

Property History for 175 Yambil St, Griffith, NSW 2680

A timeline of how this property has performed in the market
Last Sold
28 Jun 2024
  • 28 Jun 2024
    Sold for $2,350,000
  • 28 Mar 2024
    Listed for Sale Sold Off Market
  • 29 Mar 2017
    Sold for $1,570,000
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About Griffith 2680

The size of Griffith is approximately 52 square kilometres. It has 78 parks covering nearly 13.9% of total area. The population of Griffith in 2011 was 16,973 people. By 2016 the population was 18,198 showing a population growth of 7.2% in the area during that time. The predominant age group in Griffith is 0-9 years. Households in Griffith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Griffith work in a labourer occupation. In 2011, 60.7% of the homes in Griffith were owner-occupied compared with 58.9% in 2016.

Griffith has 9,909 properties. Over the last 5 years, Houses in Griffith have seen a 70.79% increase in median value, while Units have seen a 70.03% increase. As at 30 September 2024:

  • The median value for Houses in Griffith is $523,474 while the median value for Units is $354,309.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 77 properties listed for sale, and 41 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2680

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Contact agent
Brian Bertolin
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Luke Papandrea
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Griffith Real Estate
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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.