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172-180 Banna Avenue, Griffith, NSW, 2680

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SOLD

172-180 Banna Avenue, Griffith, NSW, 2680

172-180 Banna Avenue, Griffith, NSW, 2680

Properties / Sold / New South Wales / Griffith

Tenanted Investment

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1. Property Summary

Selling Method

Auction

Land Area

1,290 m² (*approx)

Property Type

Retail

Terms

Lease expiring 5th August 2025.

Est. Income

$83,583 p/a

Fully Leased

St George Bank

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2. Property Highlights

You can bank on this one

Anchored by St George Bank
Impressive 1,290 sqm parcel of land
Opportunity to increase income

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)

Remember to mention you found this property on CommercialReady

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1. Property Summary

Property Type

Retail

Est. Income

$83,583 p/a

Tenant

St George Bank

Terms

Lease expiring 5th August 2025.

Land Area

1,290 m² (*approx)

Selling Method

Auction

Auction Date

20 Jun 2024 10:30AM

Add to calendar

2. Property Highlights

You can bank on this one

Anchored by St George Bank
Impressive 1,290 sqm parcel of land
Opportunity to increase income

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)

Remember to mention you found this property on CommercialReady

Read More

Tenanted Investment

Joe Sacco

Joe Sacco

+61 *** *** *** show +61 414 483 247

Gracian Marando

Gracian Marando

+61 *** *** *** show +61 402 254 704

3. Property Location

172-180 Banna Avenue, Griffith, NSW, 2680

Property Map

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

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172-180 Banna Avenue, Griffith, NSW, 2680 Griffith

Colliers - Sydney South West

Colliers - Sydney South West

Suite 1, Level 5, 33 Moore Street Liverpool, NSW 2170

View Agency Profile

Joe Sacco

+61 *** *** *** show +61 414 483 247

Colliers - Sydney West

Colliers - Sydney West

8 Parramatta Square, Level 50/10 Darcy St, Parramatta NSW 2150

View Agency Profile

Gracian Marando

+61 *** *** *** show +61 402 254 704

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