SOLD
Sold on 14 Nov 2023 for $1,000,000

376-378 Banna Avenue
Griffith NSW 2680

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 430m2
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Property Details for 376-378 Banna Ave, Griffith

Building Type
Commercial
Land Size
430m2
Local Government
Griffith
Lot/Plan
20/6/DP758476

Last Listing description (November 2023)

Offered for the first time in over three decades, this exceptional investment opportunity awaits you!

This remarkable commercial premises is situated in the high-profile and sought-after area of Banna Avenue.


With three spacious levels, this premises offers ample space and versatility for various business ventures.

All three levels are fully tenanted, ensuring a diverse and steady income stream for the discerning investor.

Convenience is paramount with the rear lane access which further enhances accessibility and provides ample on-site parking facilities.

Opportunities like this are a rarity. Whether you're an experienced investor or new to the market, this property promises a secure and profitable investment.

For more information and to seize this Blue Chip investment, contact Robert Cavallaro on 0411 232 388.

Property History for 376-378 Banna Ave, Griffith, NSW 2680

A timeline of how this property has performed in the market
Last Sold
$1,000,000
14 Nov 2023
Listed for Rent
$195/w
26 Feb 2016
  • 14 Nov 2023
    Sold for $1,000,000
  • 08 Sep 2023
    Listed for Sale Contact Agent
  • 26 Feb 2016
    Listed for Rent $195 / week

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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 9,902 properties. Over the last 5 years, Houses in Griffith have seen a 67.98% increase in median value, while Units have seen a 62.05% increase. As at 31 July 2024:

  • The median value for Houses in Griffith is $517,730 while the median value for Units is $336,161.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 68 properties listed for sale, and 38 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 2680

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Contact agent
Robert Cavallaro
Show contact details
Nutrien Harcourts Griffith
Preferred contact:
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.