175 Yambil StreetGriffith NSW 2680
Property Details for 175 Yambil St, Griffith
Last Listing description (August 2024)
Introducing 175 Yambil Street, Griffith - a modern commercial property built in 2013 by Anthony Forlico Building. This property is contrsucted of external brick walls and iron roof, providing a solid foundation for any business venture.
Situated on a land size of approximately 1113m2, this property is strategically zoned B2 Local Centre, offering a wide range of potential uses. Currently leased by Murrumbidgee Local Health District from 1st November 2023 to 31st October 2028, with an additional 1x 5 Year Option, this property presents a secure and lucrative investment opportunity.
Generating an impressive income of $166,102.20 + GST in rent per annum, this property offers a stable and reliable return on investment. The building is fully fitted with an approximately 23kw solar grid system, emphasizing its commitment to sustainability and cost-efficiency.
Don't miss out on this chance to secure a profitable and well-maintained commercial property in the heart of Griffith. Contact us today to arrange a viewing and start realizing the potential of 175 Yambil Street.
Property History for 175 Yambil St, Griffith, NSW 2680
- 28 Jun 2024Sold for $2,350,000
- 28 Mar 2024Listed for Sale Sold Off Market
- 29 Mar 2017Sold for $1,570,000
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0About Griffith 2680
The size of Griffith is approximately 52.0 square kilometres. It has 78 parks covering nearly 13.9% of total area. The population of Griffith in 2016 was 18196 people. By 2021 the population was 19505 showing a population growth of 7.2% in the area during that time. The predominant age group in Griffith is 30-39 years. Households in Griffith are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Griffith work in a labourer occupation.In 2021, 58.00% of the homes in Griffith were owner-occupied compared with 58.90% in 2016.
Griffith has 10,075 properties. Over the last 5 years, Houses in Griffith have seen a 56.22% increase in median value, while Units have seen a 17.54% increase. As at 31 March 2026:
- The median value for Houses in Griffith is $589,032 while the median value for Units is $369,876.
- Houses have a median rent of $528 while Units have a median rent of $420.
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