162 - 164 River Street Ballina NSW 2478

Set in one of the most tightly held and highly visible pockets of Ballina, 162-164 River Street offers a rare blend of modern functionality and long-term investment security.

Originally home to ANZ Bank for many years, today, it continues its legacy as the home of The Yard Gym, a premium boutique fitness brand that has revitalised the space with minimalist design and a strong community focus.

Investment Highlights
Secure 5 + 5 year lease to The Yard Gym a values-driven tenant with local brand strength

Dual street frontage River Street exposure and rear access via Fawcett Street

Brand new roof recently installed a major capital improvement offering long-term value

417m² land area with excellent positioning in Ballina's vibrant commercial heart

North-facing orientation, capturing natural light and consistent foot and vehicle traffic

Character and Functionality
Spanning two levels, the property is designed for flexibility and impact:

Ground floor: expansive open-plan commercial space, tailored to the tenant's operational needs

First floor: modern staff amenities, bathrooms, changerooms, and office/storage areas

Net Income returns: $154,636.32

This is a true 'set and forget' opportunity, ideally positioned for self-managed super funds or investors looking for stability, location, and minimal ongoing costs. With a strong tenant, prime CBD position, and recent upgrades including a brand new roof, this property is the definition of long-term peace of mind.