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126-128 River Street
Ballina NSW 2478
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Sold on 4 Apr 2024

126-128 River Street Ballina NSW 2478

  • Shop & Retail
  • 143 m²
  • Sold, $858,000

Strategic CBD Freehold

    Don't miss out on this exceptional investment opportunity situated in the heart of Ballina's central business district. Offered for the first time in three decades, this property boasts a prominent location on the main street with rear frontage to Cherry Lane.

    Key details include:
    Building area: 143m2 approx.
    Land area: 250.9m2
    Returning: $51,536.16 + GST
    Tenant responsible for outgoings
    Lease commenced on June 2nd, 2022, with a 5x5 year term
    Freehold only not the business

    Ballina is a vibrant regional hub in the Northern Rivers. Ballina's jet airport services up to 68 direct flights per week to Sydney, Melbourne, Canberra, Newcastle, and Dubbo. Boasting a growing population and low vacancy rates in the commercial sector, this freehold presents an excellent addition to your investment portfolio.

    For more information, please contact marketing agents Dean Shay and Michael Shay.

    AUCTION

    Auction date and time04/04/2024 17:30
    Auction locationLennox Head Cultural Centre

    Property Highlights

    Date Sold4 Apr 2024
    Sold Price$858,000
    Floor Area143 m²
    Land Area251 m²
    ParkingAsk Agent
    Property ID2019097734
    Category
    Last updated  4 Apr 2024
    Map for 126-128 River Street Ballina NSW 2478

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    Property Highlights

    Date Sold4 Apr 2024
    Sold Price$858,000
    Floor Area143 m²
    Land Area251 m²
    ParkingAsk Agent
    Property ID2019097734
    Category
    Last updated  4 Apr 2024
    87-89 River Street Ballina NSW 2478

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