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SECURE TENANTED INVESTMENT | 8 - 9% Return

19 Krauss Ave, LISMORE NSW, 2480

Sold

Property Sold in 19 Krauss Ave, LISMORE NSW, 2480

Ray White Commercial GC South

2 Classic Way, Burleigh Waters, QLD 4220

  • Profile placeholder
  • Aaron Neylan
Listing ID:
11362179
Status:
Sold
Price:
Offers To Purchase
Last Updated:
05/12/2019
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Property Type

Industrial/Warehouse/Retail/Showrooms/Bulky Goods
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Land Area

4985 SQM
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Floor Area

1360 SQM
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Parking

N/A

SECURE TENANTED INVESTMENT | 8 - 9% Return

Situated on just under 5000m2 of land and with prime highway exposure, this property is a fantastic investment opportunity with future development potential in the heart of Lismore's industrial/retail precinct.

Property features include:
- 1360m2* of net lettable area
- Annual net income approx $127,056
- Zoned B6 - Enterprise Corridor
- 100% Freehold building with ample car parking
- Land size 4,985m2*
- Long-standing tenant of over ten years

Located adjacent to Lismore airport this property is neighboured by several national businesses including Bunnings, Spotlight, Mazda, Homemaker centre and is only minutes to the CBD.

With a long-standing tenant and a secure lease, this opportunity represents excellent value and potential to earn above-average yields.

About Lismore.
With an ever-growing population, major health and hospital infrastructure and large university culture, Lismore is the commercial and social heart of the Northern Rivers and is poised as a centre of growth and investment for years to come.

For further information, please contact:

Darren Jones
COMMERCIAL SALES & LEASING SPECIALIST
RAY WHITE GC SOUTH
0402 188 648
darren.jones@raywhite.com

Chris Harley
DIRECTOR
NORTH COAST COMMERCIAL
0412 758 830
chris@northcoastcommercial.com.au

Aaron Neylan
COMMERCIAL ANALYST
RAY WHITE GC SOUTH
0401 282 299
aaron.neylan@raywhite.com

For more details, please email agent


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Ray White Commercial GC South

2 Classic Way, Burleigh Waters, QLD 4220

  • Profile placeholder
  • Aaron Neylan

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