- Land Area
- 1045.00 m² (approx)
- Floor Area
- 590 m²
- Tenure Type
- Tenanted Investment
- Last Updated
- Jan 18, 2021
- Car Spaces
- 19
- Zoning
- B3 Commercial Core
Interested in this property? Contact an Agent today
Fully Leased A-Grade Investment
Quality commercial office building, situated in the Lismore CBD.
The offering consists of a 1045sqm* allotment, zoned B3 Commercial Core and is improved by a modern premises totalling 590sqm* in building area as well as 19 secured on-site car spaces.
Currently leased in 2 separate tenancies to well-established community support services with leases to 2022 & 2023 both with a 3 year option and a current Net passing rent income of $138,800* per annum.
This is a very rare opportunity to secure a fully tenanted building in the tightly-held commercial precinct of Lismore within 40 minutes of Byron Bay.
- Suite 1 = 3 Year Lease commenced 27/03/2019 + 3 Year Option
- Suite 2 = 3 Year Lease commenced 01/06/2020 + 3 Year Option
- Approximate Net Rental Income $138,800* + GST per Annum
- 590sqm* of quality 2 storey building
- 1045sqm* of land zoned B3 Commercial Core
- Disabled Access
- 19 On-site secured car parks
For Sale by Offers to Purchase closing Thursday 22nd October 2020 at 4:00pm (if not sold prior)
For further information or to arrange an inspection, please contact Chris Harley on 0412 758 830