129 Main Street, Lithgow NSW 2790

$490,000

2 parking

COMMERCIAL OPPORTUNITY IN THE HEART OF LITHGOW

Tenanted investment or vacant possession - the choice is yours!

Situated along Lithgow's vibrant Main Street with high foot traffic and prominent street frontage, this commercial property offers a versatile investment and a dual income opportunity.

Currently fitted out and operating as a well known clothing boutique, the property includes a one bedroom residence on the upper level, ample storage space, dual access, and parking facilities.

Its prime location in the hub of the CBD places it just 58m from Cook Street Plaza, 62m to the Lithgow Post Office, and 130m from Lithgow Railway Station.

Lithgow serves as a key regional hub for Greater West NSW, supported by strong economic activity and ongoing growth. In the year ending June 2021, the Gross Regional Product reached $1.64 billion, marking an 8.5% increase.

Lithgow is located 141.1km from Sydney and is home to a variety of local, national, and international businesses and government agencies, spanning industries such as power generation, mining, manufacturing, health services, education, confectionery, entertainment, and retail.

With a potential rental income of $450 per week for the shop and $210 per week for the upper level residence, this property offers a golden opportunity to secure an asset in a thriving location.

Council rates: Approximately $1,530 per quarter as of July 2023

Disclaimer: The information provided by Ray White Lithgow in this listing is for general informational purposes only. While every effort has been made to ensure the accuracy of details, they are not guaranteed and should be independently verified. Interested parties are advised to conduct their own investigations and relevant searches.

Property Details

• Type: Retail, Other, Other
• Parking Comments: Off-street parking
• Building Area: 120 m² (approx)
• Land Area: 221 m² (approx)
• Tenancy: Vacant
• Zone: B2 Local Centre