16 Kooyoo Street, Griffith NSW 2680

Corner block | commercial zoning potential | 1,051 sqm | redevelopment upside | vacant possession This property offers a rare combination of scale and position in Griffith’s commercial core. The 1,051 sqm corner site provides high street exposure and redevelopment optionality that few residential lots match. For a buyer seeking future flexibility, the current house footprint of 569 sqm at 54% coverage leaves significant room for expansion or alternate use, subject to council approvals. The property suits an investor or developer with medium-term holding capacity, who values location and land content over immediate income. The primary risk is the current residential zoning, which may constrain commercial redevelopment without a rezoning application. The buyer should budget for planning and legal due diligence with Griffith Council before committing. The vacant holding cost is low, and the property can be leased as-is while longer-term plans mature. The strongest logic is to hold for land appreciation and future commercial conversion, not for current residential yield.