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172-180 Banna Avenue, Griffith, NSW, 2680

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172-180 Banna Avenue, Griffith, NSW, 2680

172-180 Banna Avenue, Griffith, NSW, 2680

Properties / Sold / New South Wales / Griffith
Tenanted Investment

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

Read More
Tenanted Investment
Tenanted Investment

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

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

3. Property Location

172-180 Banna Avenue, Griffith, NSW, 2680

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