SOLD
Sold on 07 May 2024 for $1,100,000

74 Whitton Street
Narrandera NSW 2700

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 108m2
Land area: 1012m2
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Property Details for 74 Whitton St, Narrandera

Building Type
Commercial
Floor Size
108m2
Land Size
1012m2
Local Government
Narrandera
Lot/Plan
11/DP129401

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

RU5 Village zoning
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

A timeline of how this property has performed in the market
Last Sold
$1,100,000
07 May 2024
  • 07 May 2024
    Sold for $1,100,000
  • 09 Oct 2023
    Listed for Sale Please contact agent
  • 09 Dec 2016
    Sold for $280,000
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About 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 2,783 properties. Over the last 5 years, Houses in Narrandera have seen a 66.26% increase in median value, while Units have seen a 75.99% increase. As at 31 August 2024:

  • The median value for Houses in Narrandera is $282,153 while the median value for Units is $359,161.
  • Houses have a median rent of $380 while Units have a median rent of $318.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Narrandera on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Narrandera.

Suburb Insights for Narrandera 2700

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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.