SOLD
Sold on 07 May 2024 for $1,320,000

8 Grattan Street
Hillston NSW 2675

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 116m2
Land area: 3035m2
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Property Details for 8 Grattan St, Hillston

Building Type
Commercial
Floor Size
116m2
Land Size
3035m2
Local Government
Carrathool
Lot/Plan
17/17/DP257

Last Listing description (October 2023)

Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 8 Grattan Street, Hillston. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.

This property represents a secure investment in a prime regional location and offers the following key investment highlights:
Strategic 3,036m* corner site

RU5 Village zoning
Fuel infrastructure (3 bowsers & 6 pumps), large shed & yard area
Attractive 10 year lease with options
Passing income of $111,273* per annum with fixed rental growth

The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*approx

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Property History for 8 Grattan St, Hillston, NSW 2675

A timeline of how this property has performed in the market
Last Sold
$1,320,000
07 May 2024
  • 07 May 2024
    Sold for $1,320,000
  • 09 Oct 2023
    Listed for Sale Please contact agent
  • 15 Jun 2017
    Sold
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About Hillston 2675

The size of Hillston is approximately 3,988 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Hillston in 2011 was 1,430 people. By 2016 the population was 1,467 showing a population growth of 2.6% in the area during that time. The predominant age group in Hillston is 40-49 years. Households in Hillston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hillston work in a managers occupation. In 2011, 62.7% of the homes in Hillston were owner-occupied compared with 56% in 2016.

Hillston has 1,050 properties. Over the last 5 years, Houses in Hillston have seen a 82.71% increase in median value. As at 30 November 2024:

  • The median value for Houses in Hillston is $252,442 while the median value for Units is $307,569.
  • Houses have a median rent of $350.
There are currently 1 property listed for sale, and no properties listed for rent in Hillston on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Hillston.

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