Sold
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172-180 Banna Avenue, Griffith NSW 2680

Last Asking Price - $2,000,000

RetailSize: n/a
Block size: 431 m² approx.
Colliers is pleased to offer for sale by public auction a trophy retail investment located in the heart of Griffith and anchored by a lease to St George Bank.
 
Key Selling Attributes:
• Retail Investment with potential redevelopment upside within commanding Riverina region (STCA)
• Current income $83,583+ GST net per annum anchored by St George Bank
(Westpac) with lease expiring 5th August 2025.
• 3 shops
• Opportunity to increase income across building
• Impressive 1,290 sqm parcel of land
• 2x2 year options
• Potential for strata sell down

Colliers exclusively offer 172-180 Banna Avenue for sale by way of Public Auction on Thursday, 20 June at 10:30am at Cooley CBD Auction Centre, Level 5, One Margaret Street, Sydney.

Please contact the exclusive Colliers agents for more information.

*STCA (Subject to Council Approval)

Inspections

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Contact Joe Sacco to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
431 *

Other Details

Lot:
26
Section:
2
Plan Type:
DP
Plan:
758476
Legal description:
26/2/758476
Colliers International Sydney South West

Maps and area information

Block information
Block size: 431 (approx)
Legal description: 26/2/758476
Block Map
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.
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.
Property History
27 Jun 2024
Sold
Colliers International Sydney South West
Listed: 24/05/2024
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: 182548443. This listing has been viewed 8 times. It was first displayed on 24/05/2024 and last updated on 27/06/2024.
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.