132 Otho Street
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About this property
Ray White Inverell presents this well-positioned commercial investment opportunity. Set on a 500 sqm parcel of land, the property enjoys a prime CBD location directly opposite the Inverell police station and within key government services such as the Inverell Shire Council (150m), Inverell Post Office (25m), and Inverell Town Hall (50m) The building comprises of three separate tenancies currently used as office suites, each featuring a reception area, two private offices, shared male/female amenities, and access to a triple carport via the rear laneway. This property is currently fully leased, providing an immediate return for investors. With an approximate gross income of $36,833 per annum, including GST. Council Rates are currently $3,980.00. This is an excellent opportunity to secure a commercial asset with established tenancy income. For further information or to arrange an inspection, contact Ron Berkley 0417 612 660 or Kara Miller 0406 889 243
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 3
- Land Area
- 500 m²
- Listed
- 3 weeks ago
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Neighbourhood
Living in Inverell
This 3-bedroom house in Inverell, NSW 2360 sits within reach of public transport, local shops and nearby schools. It is listed 44% below the $649,000 median of 70 comparable houseswithin 5 km.
Schools near Inverell
- Holy Trinity Schoolcombined · K-10 · CoEd
- Inverell Public Schoolprimary · K-6 · CoEd
- Rivers Christian Collegeprimary
- Ross Hill Public Schoolprimary · K-6 · CoEd
- Inverell High Schoolsecondary · 7-12 · CoEd
- Macintyre High Schoolsecondary · 6-12 · CoEd
What's nearby
- Inverell Post Office, Otho St (bus) — 61 m away
- Inverell Self Storage — 596 m away
- Lions Park — 178 m away
- Victoria Park — 235 m away
- Sinclair Park — 416 m away
Inverell at a glance
Full suburb profile- Population
- 12,057
- Median age
- 41
- Household income
- $1,187/wk
- Median rent
- $270/wk
- Median mortgage
- $1,250/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Inverell price trend
Median sold · House 3 bed
Compound growth +7.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Inverell marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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