Strategically positioned investment in the heart of Ballina's CBD adjoining the Wigmore Arcade Complex. This well-presented property features an airconditioned retail area with separate storage, kitchen and bathroom facilities. It also benefits from rear lane access for loading/unloading and carparking.
Tenant has taken a new 5 year lease with 5 year option commencing 1st December 2022. Net rent approx. $46,482+GST pa.
Land size approx. 250.4m2
Building area approx. 143m2
Ballina's emerging regional centre status is obvious as it continues to grow and thrive with the CBD vacancy level being extremely low. This property's unquestionable CBD location in Ballina will make it a fantastic acquisition to any property portfolio.
For inspections and enquiries please contact Dean Shay on 0404 442 696 or co-agent Troy MacRae of Elders Alstonville on 0414 867 035.