This property would be perfect for your self-managed superannuation fund or those buyers looking to get into the commercial investment market at a reasonable level with minimal risk. Located in the Seamark Building, which is one of the most modern and prominent buildings in the Ballina CBD, this property is only 50 metres from the Ramada Hotel and is situated amongst quality businesses. The premises are ground floor and front directly to the main street of the Ballina CBD. The tenant is one of the most recognised brands in Australia with a 5 year lease in place that commenced on 1/7/2021.
• 5 year x 5 year lease with annual CPI adjustments
• Gross rental of $48498 per year (excl GST)
• 2 allocated car spaces directly behind the premises