Discover a lucrative commercial investment in the bustling heart of Glen Innes. This listing provides a remarkable chance to own a commercial property that's not just an investment but a stable source of income with proven returns. Currently leased by an established electric goods business, this property promises a low-maintenance and high-reward investment experience.
Positioned in the vibrant commercial hub of Glen Innes, this property benefits from consistent foot traffic and outstanding visibility. The surrounding area boasts a mix of popular retail and service businesses, making it a magnet for shoppers and a highly desirable location for tenants.
With a reputable electric goods business in place as a long-term tenant, you're assured of a steady, reliable rental income. This established tenant base provides security for your investment, allowing you to enjoy the financial benefits with peace of mind.
The building's flexible floor plan is perfect for a variety of commercial uses, providing future potential beyond the current lease.
Seize the opportunity to own a versatile, income-producing property in a location that is on the rise. This commercial gem is a solid foundation for any portfolio, offering both current stability and long-term potential.
Inspect and Explore today phone Nellie on 0458 326 464
The size of Glen Innes is approximately 198.3 square kilometres. There are 20 parks, covering nearly 3.2% of the total area. The population of Glen Innes in 2016 was 6155 people. By 2021 the population was 6219 showing a population growth of 1.0% in the area during that time. The predominant age group in Glen Innes is 60-69 years. Households in Glen Innes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glen Innes work in a community and personal service occupation.In 2021, 66.40% of the homes in Glen Innes were owner-occupied compared with 65.30% in 2016.
Glen Innes has 3,886 properties. Over the last 5 years, Houses in Glen Innes have seen a 106.17% increase in median value, while Units have seen a 80.49% increase. As at 30 June 2026:
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