74 Whitton StreetNarrandera NSW 2700
Property Details for 74 Whitton St, Narrandera
Last Listing description (October 2023)
Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 74 Whitton Street, Narrandera. 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 1,012m* corner site
Fuel infrastructure (4 bowsers & 20 pumps)
Attractive 10 year lease with options
Passing income of $91,778* 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.
Property History for 74 Whitton St, Narrandera, NSW 2700
- 07 May 2024Sold for $1,100,000
- 09 Oct 2023Listed for Sale Please contact agent
- 09 Dec 2016Sold for $280,000
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0About Narrandera 2700
The size of Narrandera is approximately 357.9 square kilometres. It has 14 parks covering nearly 0.9% of total area. The population of Narrandera in 2011 was 4,470 people. By 2016 the population was 4,342 showing a population decline of 2.9% in the area during that time. The predominant age group in Narrandera is 50-59 years. Households in Narrandera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrandera work in a labourer occupation. In 2011, 68.6% of the homes in Narrandera were owner-occupied compared with 68.3% in 2016.
Narrandera has 2,775 properties. Over the last 5 years, Houses in Narrandera have seen a 81.08% increase in median value, while Units have seen a 81.53% increase. As at 31 October 2024:
- The median value for Houses in Narrandera is $298,965 while the median value for Units is $361,964.
- Houses have a median rent of $353 while Units have a median rent of $323.
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