SALE GUIDE $2,000,000 to $2,200,000
61 Canal Street, Griffith NSW 2680
House
179120.0
Block size: 1170 m² approx.
Rare Investment Opportunity in Griffith's Bustling CBD!
INVESTORS TAKE NOTE!
Discover this rare investment opportunity in the heart of Griffith's thriving CBD!
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!
Discover this rare investment opportunity in the heart of Griffith's thriving CBD!
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!
Inspections
No open inspections scheduled.
Send an enquiry
Contact Anthony Sergi to learn more about this property, request an inspection or take an online tour.
Maps and area information
Block information
Block size: 1170m² (approx)
Legal description: 19/5/758476
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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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.
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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.
31 Jul 2015
Sold
$745,000
Contract: 24/06/2015
Transfer: 31/07/2015
Block size: 1170m²
Transfer type: Full transfer
Purpose: Residence
21 Feb 1996
Sold
$500,000
Contract: 21/02/1996
Transfer: 21/02/1996
Block size: 1170m²
Transfer type: Full transfer
Griffith suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
19,505
Listing ID: 182377160. This listing has been viewed 24 times. It was first displayed on 15/03/2024 and last updated on 16/04/2024.
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.