301 Argent StreetBroken Hill NSW 2880
Property Details for 301 Argent St, Broken Hill
Last Listing description (April 2020)
For immediate sale
Indicative price $1,200,000 (yield 7.33%)
Just Renewed Lease to Westpac
Brand new 3 + 3 + 3 year lease to Westpac
Westpac: top 4 ASX publicly listed company
+ Modern bank premises plus 18 accommodation rooms on first floor
+ Long established tenant
+ Large 765.1 sqm site with undercover parking at rear
+ Major regional city, population around 17,700 people
+ Fixed 3% annual rental increases
+ Unused 17 accommodation rooms potential for additional income
+ Net lease, tenant pays outgoings as per lease
Net Income: $88,000 pa + GST
Property History for 301 Argent St, Broken Hill, NSW 2880
- 14 Jan 2025Sold for $1,325,000
- 25 Feb 2021Sold for $1,150,000
- 02 Mar 2020Listed for Sale $1,200,000
About Broken Hill 2880
The size of Broken Hill is approximately 13,004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2011 was 18,776 people. By 2016 the population was 17,837 showing a population decline of 5.0% in the area during that time. The predominant age group in Broken Hill is 50-59 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 2011, 74.2% of the homes in Broken Hill were owner-occupied compared with 71.9% in 2016.
Broken Hill has 11,320 properties.
What's around 301 Argent St, Broken Hill
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