64 Otho Street, Inverell, NSW 2360

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Sold

Sold for $255,000 (Oct 21, 2020)

Investment Opportunity!

Opportunity to secure a commercial investment with scope to develop a 2 bedroom unit on the upper level! Located in the Inverell CBD with a bakery & chemist located either side. Retail shop is currently tenanted with modern interior, 2 reverse cycle air conditioners, change rooms, amenities & storage area. Upper level is in need of full renovation & fit out with the prospects for a spacious 2 b/r unit to help increase income. Rear car parking available & financials available for genuine inquiries. GST may apply if applicable. BUSINESS IS NOT FOR SALE.

Dave.profile
Principle/Sales agent

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Property Info:
  • Property ID: L961843
  • Property Type: House
  • Land Area: 278.0 sqm
We Know Your Area
R&H Suburb Profile: Inverell

R&H Suburb Summary Houses
Number of sales 202
Average Price $311,230
Median Price $290,000
Median Rental Price $310 p.w.
Change in Rental Rate (5yr) 11 %
R&H Suburb Summary Units
Number of sales 2
Average Price $265,000
Median Price $226,000
Median Rental Price $230 p.w.
Change in Rental Rate (5yr) 28 %
Inverell, NSW - Median Trend
$290,000