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157 River Street
Ballina NSW 2478
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Sold on 20 Mar 2023

157 River Street Ballina NSW 2478

  • Shop & Retail
  • 250 m²
  • Sold, $885,000

First-Class River Street Investment

    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.

    Property Highlights

    Date Sold20 Mar 2023
    Sold Price$885,000
    Floor Area250 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking5 x Onsite parkings
    Building TypeWhole building
    Property ID2018353932
    Category
    Last updated  20 Mar 2023
    Map for 157 River Street Ballina NSW 2478

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    Property Highlights

    Date Sold20 Mar 2023
    Sold Price$885,000
    Floor Area250 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking5 x Onsite parkings
    Building TypeWhole building
    Property ID2018353932
    Category
    Last updated  20 Mar 2023

    Listed by

    Dean Shay
    LJ Hooker Ballina
    Call
    0404 442 696

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