74 Otho StreetInverell NSW 2360
Property Details for 74 Otho St, Inverell
Last Listing description (July 2025)
Opportunity to secure a commercial investment with scope to develop a residence on the upper level! Currently occupied by Fashion house, features include huge open plan retail space, air conditioning & tiled floors, separate staff room & amenities, storage room, office/reception area & 10m street frontage. Upper level is undeveloped & requires full renovation but offers the opportunity for development of 3 bedroom residence to increase income. (DA plans were submitted previously but not current) Other improvements include approx.12 x 8m storage shed (could also be leased separately) rear lane access & staff parking. GST may apply if applicable. BUSINESS IS NOT FOR SALE.
Raine & Horne Inverell (or your agency name) has made every effort to ensure the accuracy of the information provided. However, no warranty is given, and interested parties must rely on their own enquiries. This material does not constitute legal, financial, or professional advice. Information is subject to change without notice. Images and descriptions are for marketing purposes only and may not accurately depict the current state of the property. The agent and vendor disclaim all liability for any loss or damage arising from reliance on the information provided.
Property History for 74 Otho St, Inverell, NSW 2360
- 22 May 2025Sold for $380,000
- 04 Feb 2025Listed for Sale $410,000
- 16 May 2022Listed for Sale $445,000 (GST may apply if applicable)
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0About Inverell 2360
The size of Inverell is approximately 208.6 square kilometres. There are 25 parks, covering nearly 6.2% of the total area. The population of Inverell in 2016 was 11660 people. By 2021 the population was 12057 showing a population growth of 3.4% in the area during that time. The predominant age group in Inverell is 10-19 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation.In 2021, 63.30% of the homes in Inverell were owner-occupied compared with 61.90% in 2016.
Inverell has 6,574 properties. Over the last 5 years, Houses in Inverell have seen a 69.40% increase in median value, while Units have seen a 80.92% increase. As at 31 August 2026:
- The median value for Houses in Inverell is $469,413 while the median value for Units is $330,849.
- Houses have a median rent of $450 while Units have a median rent of $330.
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