293 River Street Ballina NSW 2478

Ideal location on the southern arterial into Ballina right near the CBD. Two retail shops on long leases taking advantage of the prominent position on River Street with rear lane access for parking, deliveries, and dispatch. Brick building with 20m frontage, both tenancies have retail and warehouse components.

Land Area: 1,012m2
Building Area: 574m2
Net Rent: $90,276 + GST pa approx.

This is a wonderful opportunity to purchase a multi-tenanted investment on long leases in Ballina. The tenancies did not flood in the record breaking 2022 floods. Ballina is the thriving emerging regional centre of the Northern Rivers. This is supported by numerous new residential estates and evidenced by the extremely low commercial and industrial vacancy rates. Here is your chance to secure a superb property for your investment portfolio providing exceptional income for years to come.