For Sale | $850,000
12 Probert Avenue, Griffith NSW 2680
House
311
Block size: 581 m² approx.
Potential Annual Gross Income $89,960 p/a
Imagine having access to an iconic East Griffith commercial property
From its early days 12 Probert Avenue has always had an enormous amount of potential, with long ago dreams of ice-skating rinks and pubs to the numerous businesses it has housed in its colourful past from doctors' surgeries and butchers to cafes, function centres and restaurants, this predominate piece of Griffith's commercial history is now available for investors to realise their dreams.
A standout amongst the East Griffith shops this property is unparalleled with its location, surrounded by well established businesses, schools and residential properties you'll have the freedom to expand on its unique street appeal.
Currently housing multiple eateries with commercial kitchens, bars, cool rooms, bathrooms and an incredible amount of storage, you'll find 3 stories of return opportunities. There's the basement level with cold storage, then on the street level, spruce up the arcade and provide a space for a bevy of industries, and to top it all off, find a 3-bedroom residence with a rooftop garden overlooking the East side of Griffith.
Deliveries are simple with back lane access via Probert Lane, where there is also ample parking for both business owners and residents.
What would you do with this extraordinary amount of space where retail, offices, cafes, and restaurants are always welcomed into the neighbourhood? This is an incredibly rare chance to purchase a piece of commercial property with massive potential, and where the opportunities really are endless.
- Prime East Griffith location
- Back lane access and complex carpark
- Ideal commercial space for emerging new business
- Upstairs three bedroom apartment with balconies
- Zoned B1 Neighbourhood Centre
SHOP 1
- Currently leased to the 17th of September 2026 + 3 year option
- Fixed annual rent increases
- Current rent $28,600 per annum +GST & Outgoings
SHOP 2
- Currently Vacant
- Previous use - Restaurant
- Proposed rent: $28,600 pa +GST & Outgoings
RESIDENCE
- Offered with vendor leaseback at $380.00 per week
BASEMENT
- Offered with vendor leaseback at $250.00 per week +GST
PROJECTED ANNUAL GROSS INCOME: $89,960.00 per annum
From its early days 12 Probert Avenue has always had an enormous amount of potential, with long ago dreams of ice-skating rinks and pubs to the numerous businesses it has housed in its colourful past from doctors' surgeries and butchers to cafes, function centres and restaurants, this predominate piece of Griffith's commercial history is now available for investors to realise their dreams.
A standout amongst the East Griffith shops this property is unparalleled with its location, surrounded by well established businesses, schools and residential properties you'll have the freedom to expand on its unique street appeal.
Currently housing multiple eateries with commercial kitchens, bars, cool rooms, bathrooms and an incredible amount of storage, you'll find 3 stories of return opportunities. There's the basement level with cold storage, then on the street level, spruce up the arcade and provide a space for a bevy of industries, and to top it all off, find a 3-bedroom residence with a rooftop garden overlooking the East side of Griffith.
Deliveries are simple with back lane access via Probert Lane, where there is also ample parking for both business owners and residents.
What would you do with this extraordinary amount of space where retail, offices, cafes, and restaurants are always welcomed into the neighbourhood? This is an incredibly rare chance to purchase a piece of commercial property with massive potential, and where the opportunities really are endless.
- Prime East Griffith location
- Back lane access and complex carpark
- Ideal commercial space for emerging new business
- Upstairs three bedroom apartment with balconies
- Zoned B1 Neighbourhood Centre
SHOP 1
- Currently leased to the 17th of September 2026 + 3 year option
- Fixed annual rent increases
- Current rent $28,600 per annum +GST & Outgoings
SHOP 2
- Currently Vacant
- Previous use - Restaurant
- Proposed rent: $28,600 pa +GST & Outgoings
RESIDENCE
- Offered with vendor leaseback at $380.00 per week
BASEMENT
- Offered with vendor leaseback at $250.00 per week +GST
PROJECTED ANNUAL GROSS INCOME: $89,960.00 per annum
Inspections
No open inspections scheduled.
Send an enquiry
Contact Angelo Cirillo to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
3
Bathrooms:
1
Garage Spaces:
1
Property type:
House
Block Size:
581 m²*
Other Details
Lot:
5
Section:
156
Plan Type:
DP
Plan:
758476
Legal description:
5/156/758476
Maps and area information
Block information
Block size: 581m² (approx)
Legal description: 5/156/758476
Measurements are estimates only and based on data provided under licence from
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Nearby sales
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We found 12 houses with 3 bedrooms that just sold near 12 Probert Avenue Griffith
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SummaryMedian sales
Average Age
38 years
Population
19,505
Listing ID: 182024873. This listing has been viewed 36 times. It was first displayed on 23/10/2023 and last updated on 19/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.