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Overview
32-38 Yambil Street, GRIFFITH NSW 2680
Positioned in the very heart of Griffith's CBD, this property at 32-38 Yambil Street offers a rare and substantial commercial landholding opportunity. The site encompasses a large parcel of 5968 square meters, strategically located with dual road access, enhancing its flexibility and development potential.
The property currently hosts 13 established tenancies, providing a diversified and stable income stream from the outset. This varied tenancy mix spreads risk across multiple occupants while leaving significant room for further expansion and income growth, making it an attractive investment for those seeking immediate returns coupled with future development upside.
Opportunities to acquire properties of this scale and flexibility in the centre of Griffith's CBD are uncommon. The significant land area still available for additional development, subject to council approval (STCA), presents investors and developers with the potential to capitalize further on this prime location.
Key features of this investment include:
- Prime CBD location in the heart of Griffith
- Expansive 5968 square meter landholding
- 13 established tenancies providing immediate income
- Dual street access enhancing flexibility and development potential
- Diverse mix of commercial and storage tenancies
- Significant scope to expand or redevelop, subject to council approval
- Current income approximately $155,000 per annum
- Expenses for the 2025/2026 financial year include:
- GCC Rates: $10,613.60
- Insurance: $8,741.15
- GCC Water (fixed charges and consumption): $1,043.24
- Zoning: E1 - Local Centre
This is a rare chance to secure a large-scale CBD investment with multiple income streams and significant upside potential. Properties like this are seldom available on the market, making it an exceptional opportunity for investors and developers alike.
Enquiries are encouraged to explore this unique offering further.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Griffith NSW 2680
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 5968 m² |
Market Insights for Griffith NSW 2680
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