61 Canal Street

Griffith NSW 2680

Don't miss your chance at this complex of 9 units comprising of 6 x 2 bedrooms, 2 x 1 bedrooms and a double storey 3 bedroom unit, totalling 17 bedrooms, 9 bathrooms, 6 garages and multiple off street car spaces.
Griffith's Gross Regional Product (GRP) is estimated at $2.13 billion, which represents 0.32% of the state's GSP with a catchment area population of over 60,000 the region continues to move ahead in leaps and bounds.

Instant income of approx $159,120 per annum
Prime location in heart of Griffith's CBD in walk everywhere location
Freehold property consisting of 9 Units
17 Bedrooms all with built in wardrobes
9 Bathrooms
6 Large Lock up Garages and plenty of off street parking
Double Brick Construction, ensuring durability and lower maintenance
Vacancy Rate of 0% since early 2020, highly sought after accommodation
Enormous Growth Potential by benefiting from Griffith's continuous development and expansion

Whether you're an astute investor or seeking a lucrative addition to your portfolio, this property offers an impressive gross rent return providing high nett yield!
There is also massive potential for future boarding house site or strata title subdivision (STCA).
With its unbeatable location and impressive rental return, this property presents a rare opportunity for investors. Don't miss out on the chance to secure a lucrative investment in Griffith's rapidly growing market. Act now and capitalize on this hot prospect!