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Anthony Sergi
+ 61 0412 596 366
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For sale

Block_of_units3mo

Under Contract

61 Canal Street, Griffith, NSW, 2680, Australia

17Bedrooms
9Bathrooms
12Carspots
1170 m²Land size
Map of the surrounding area

About this Property

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!
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Anthony Sergi

LJ Hooker - Griffith
+ 61 0412 596 366
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More Details on 61 Canal Street, Griffith NSW

How many bedrooms and bathrooms does 61 Canal Street, Griffith have?

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61 Canal Street, Griffith is a 17 bedroom, 9 bathroom block_of_units.

Who is the agency that listed 61 Canal Street, Griffith?

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The agency who listed 61 Canal Street, Griffith is LJ Hooker - Griffith - you can contact the agents here.

How many car spots does 61 Canal Street, Griffith have?

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61 Canal Street, Griffith is a 12 car spot home.

How much is 61 Canal Street, Griffith?

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The price of 61 Canal Street, Griffith is $2.2M - contact the agents to find out more.