415-423 Banna Ave, Griffith is a 1 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 793m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 1 bedroom House sold in Griffith in the last 12 months.
An exceptional opportunity to secure a premium commercial investment in one of the CBD's most tightly held locations. Positioned on the northern side of the top block of Banna Avenue, this substantial three-level commercial building presents a rare chance to acquire a quality asset with multiple income streams and significant future upside.Comprising four established commercial tenancies, each with its own amenities, the property is well maintained and designed to attract long-term tenants while offering flexibility for future leasing opportunities.Property Highlights: Currently returning $86,497.60 per annum inc GST Prime CBD location on the highly sought-after northern side of the top block of Banna Avenue. Solid three-level commercial building in excellent condition. Four quality tenancies, each self-contained with individual amenities. Secure off-street parking for a minimum of five vehicles-a rare and valuable CBD asset. Scope to increase rental income through future leasing strategies and rental growth. Strong tenant appeal in a tightly held commercial precinct. First time offered to the market in over 30 years.Whether you're an experienced investor looking to expand your commercial portfolio or seeking a blue-chip CBD asset with future growth potential, this property delivers an outstanding combination of location, security, and upside.Opportunities of this calibre are seldom available. Contact the exclusive selling agents today to arrange an inspection.
The size of Griffith is approximately 52.0 square kilometres. There are 78 parks, covering nearly 13.9% of the 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 10,098 properties. Over the last 5 years, Houses in Griffith have seen a 48.45% increase in median value, while Units have seen a 42.10% increase. As at 31 August 2026:
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