Unique Commercial Investment Opportunity in Prime Location
1A Boonah Street, Griffith NSW 2680
By Negotiation
Other CommercialSize: n/a
Block size: 687 m² approx.Other Commercial size: 116 m² approx.
Are you a savvy commercial investor seeking a versatile property with immense potential? Look no further than 1A Boonah Street, Griffith! Originally a charming residential residence, this property was subsequently transformed into a corner shop and most recently utilized as a physiotherapy clinic. Now, it's your turn to unlock its untapped potential in the dynamic world of commercial real estate.
Nestled in the heart of Griffith, this property enjoys a strategic position that's hard to beat. Situated just a stone's throw away from the bustling hospital precinct, it offers easy access to a steady stream of potential clientele. In addition, the property is conveniently located near multiple schools, making it an attractive prospect for businesses catering to the local community. And, when you need to connect with the broader market, the CBD is just a short drive away.
The property's rich history underscores its flexibility. Originally a residential home, it was adeptly converted into a corner shop, and more recently, a physiotherapy clinic. This adaptability opens the door to various commercial uses, from retail to healthcare services, with minimal renovation needed.
Whether you're a seasoned investor or just starting in the commercial market, 1A Boonah Street provides a unique opportunity. With a prime location, versatile usage potential, and a vibrant neighborhood, the possibilities are virtually limitless. You could establish a new business, expand an existing one, or develop an income-generating investment property.
For those who see the charm in restoring its original residential character, there's an intriguing bonus. The property offers the potential to return to residential use, subject to council approval. This means you can explore additional income streams or convert the property to match your evolving needs.
1A Boonah Street, Griffith, is a versatile gem in the heart of a thriving community. It offers commercial buyers an exciting entry point into the ever-growing commercial real estate market. The prime location, adaptability, and the prospect of returning it to residential use, subject to council approval, make this property a unique investment opportunity.
Don't miss your chance to make your mark in this dynamic area. Contact us today to seize this incredible opportunity and explore the endless potential that 1A Boonah Street, Griffith, has to offer.
Inspections
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Contact Luke Papandrea to learn more about this property, request an inspection or take an online tour.
Property walkthrough
Key details
Property type:
Other Commercial
Block Size:
687 m²*
Other Details
Lot:
11
Section:
64
Plan Type:
DP
Plan:
758476
Other Commercial Size:
116 m²*
Legal description:
11/64/758476
*These are approximate values based on available information.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
04 Apr 2024
Sold
Griffith Real Estate
Contract: 04/04/2024
Listed: 13/10/2023
Days on market: 174
Block size: 687m²
Transfer type: Full transfer
27 Jun 1996
Sold
$120,000
Contract: 27/06/1996
Transfer: 27/06/1996
Block size: 688m²
Transfer type: Full transfer
Griffith suburb information
A little bit about who lives locally, as provided by government census data
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.