11 Sheather Street Ballina NSW 2478

Factory, Warehouse & Industrial
550 m²
Sold, $1,000,000

Strategic Investment Opportunity

Superb location in the tightly held Clark Street Industrial Precinct. Closest industrial area to the CBD and also East Ballina, Skennars Head and Lennox Head. Sheather Street's new intersection with Angels Beach Drive has further cemented the importance of this industrial area to the residents from East Ballina to Lennox Head.

Long standing national tenant, Lawrence & Hanson is Australia's leading electrical wholesaler.

Land Area: 1120m2
Building Area: 550m2
Current Lease: 7 January, 2022 6 January, 2025
Option: 1 x 3 years
Current Rent: $47, 122.56 + GST pa (January, 2023)
Outgoings: Tenant pays - Council rates, water/sewer rates
- Land Tax (single holding basis)
- Building Insurance

This is an opportunity that ticks a lot of boxes. Strategic location, national tenant and future rental upside. What a wonderful addition to your investment portfolio this property would be.

For inspections and enquiries please contact Dean Shay on 0404 442 696 or 6686 2711.

Property Highlights

Date Sold	16 Mar 2023
Sold Price	$1,000,000
Floor Area	550 m²
Land Area	1,120 m²
Parking	Ask Agent
Building Type	Whole building
Property ID	2018333725
Category	Factory, Warehouse & Industrial Development / Land Rural / Farming Showrooms / Bulky Goods
Last updated	16 Mar 2023

Map for 11 Sheather Street Ballina NSW 2478

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Property Highlights

Date Sold	16 Mar 2023
Sold Price	$1,000,000
Floor Area	550 m²
Land Area	1,120 m²
Parking	Ask Agent
Building Type	Whole building
Property ID	2018333725
Category	Factory, Warehouse & Industrial Development / Land Rural / Farming Showrooms / Bulky Goods
Last updated	16 Mar 2023