32-38 Yambil Street

Positioned in the very heart of Griffith's CBD, 32 Yambil Street presents an exceptionally rare opportunity to secure a substantial commercial landholding with both strong immediate income and outstanding future development potential. Set on a massive 5968m² parcel of land, this strategically located property offers dual road access and an impressive mix of 13 established tenancies, providing a diversified and stable income stream from day one. The varied tenancy profile ensures risk is spread across multiple occupants while still leaving ample room for further expansion and income growth. Properties of this scale and flexibility in the centre of Griffith's CBD are seldom offered to the market. With significant land still available for additional development (STCA), investors and developers alike will recognise the potential to further capitalise on this blue-chip location. Key Features: • Prime CBD location in the heart of Griffith • Expansive 5968m² 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 (STCA) • Current Income approx. $155,000 per annum • Expenses as of 2025/2026 Financial Year: - GCC Rates - $10,613.60 - Insurance - $8,741.15 - GCC Water - $1043.24 (Fixed charges & consumption) • Zoning E1 - Local Centre • A rare chance to secure a large-scale CBD investment with multiple income streams and enormous upside. Opportunities like this are seldom available - enquire today.