A well maintained solid brick Federation style building right in the heart of Lithgow on over 800sqm of land. The ground floor comprises of 3 tenanted commercial premises with Main Street frontage. The rear and upper level contain 3 x 3 bedroom flats (also tenanted) which have been sympathetically renovated in keeping with the era of the building. Each flat has its own separate entrance with the ground floors containing a bathroom, kitchen and living area. Upstairs, via traditional Kauri pine staircases, are the main bedrooms with 2 smaller bedrooms that all have access to the individual lace veranda s that also front Main St.
The rear of the land is an open space communal area that's planted to lawn, tiny gardens, washing lines and 3 x separate older style 'outhouse' WC's.
With the security of 6 separate tenancies and achieving approx. 6.5% gross return this is well worth an inspection.
The size of Lithgow is approximately 6.0 square kilometres. It has 18 parks covering nearly 23.4% of total area. The population of Lithgow in 2016 was 5201 people. By 2021 the population was 4956 showing a population decline of 4.7% in the area during that time. The predominant age group in Lithgow is 60-69 years. Households in Lithgow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lithgow work in a trades occupation.In 2021, 61.70% of the homes in Lithgow were owner-occupied compared with 62.00% in 2016.
Lithgow has 3,273 properties. Over the last 5 years, Houses in Lithgow have seen a 49.91% increase in median value, while Units have seen a 33.19% increase. As at 31 March 2026:
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