The Company proudly presents this wonderful opportunity to purchase an incredible property offering both lease and development. Situated right in the middle of the main shopping strip of the township in fastly growing town of Garfield, your investment is secure forever. With land size being 1279m2 there's plenty of space available behind the current shop allowing you to build brand new building/s that can be used as shops, showroom, warehouse, bed & breakfast or Air Bnb (STCA).
- Currently tenanted
- Massive land offering perfect opportunity to build more
- 1 minute to Garfield Train station
- 5 minutes' drive to freeway
Opportunities like this do not come up often!
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The size of Garfield is approximately 26.4 square kilometres. The population of Garfield in 2011 was 1,466 people. By 2016 the population was 1,792 showing a population growth of 22.2% in the area during that time. The predominant age group in Garfield is 50-59 years. Households in Garfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garfield work in a trades occupation. In 2011, 81.2% of the homes in Garfield were owner-occupied compared with 84.2% in 2016.
Garfield has 1,054 properties. Over the last 5 years, Houses in Garfield have seen a 45.63% increase in median value, while Units have seen a 32.46% increase. As at 31 July 2024:
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