274-278 Mcculloch StreetBroken Hill NSW 2880
Property Details for 274-278 Mcculloch St, Broken Hill
Last Listing description (July 2024)
Strip of 3 shops in North location all leased to long term tenants.
274 McCulloch Street will be subject to a 3 year lease (with 3 + 3 year options) from settlement of sale @ $64,254 pa (+ GST) + outgoings.
This tenancy comprises a chemist shop and a 3-bedroom apartment upstairs.
Shop 4 is leased to a takeaway food shop on a 3 year lease (July 22 to June 25) @ $10,911.12 pa (+ GST).
With a combined rental return of over $83,000 pa (+GST), this property is a worthy commercial addition to your portfolio.
Made up of several Freehold/Strata titles, request Contract of Sale for all tenancy and property information.
Zoned E1 Local Centre.
DISCLAIMER: First National Broken Hill has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability concerning any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 274-278 Mcculloch St, Broken Hill, NSW 2880
- 29 May 2024Listed for Sale $725,000 + GST if applicable
- 21 Apr 2020Sold for $900,000
- 07 Dec 2017Sold
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0About Broken Hill 2880
The size of Broken Hill is approximately 13004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2016 was 17814 people. By 2021 the population was 17706 showing a population decline of 0.6% in the area during that time. The predominant age group in Broken Hill is 60-69 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation.In 2021, 72.20% of the homes in Broken Hill were owner-occupied compared with 71.90% in 2016.
Broken Hill has 11,319 properties. Over the last 5 years, Houses in Broken Hill have seen a 96.42% increase in median value, while Units have seen a 64.76% increase. As at 31 December 2025:
- The median value for Houses in Broken Hill is $206,420 while the median value for Units is $167,489.
- Houses have a median rent of $360 while Units have a median rent of $240.
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