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36-38 Conway Lismore NSW 2480

  • Offices
  • 590 m²
  • For Sale, Offers to Purchase

Fully Leased A-Grade Investment

    Quality commercial office building, situated in the Lismore CBD.

    The offering consists of a 1045sqm* allotment, zoned B3 Commercial Core and is improved by a modern premises totalling 590sqm* in building area as well as 19 secured on-site car spaces.

    Currently leased in 2 separate tenancies to well-established community support services with leases to 2022 & 2023 both with a 3 year option and a current Net passing rent income of $138,800* per annum.

    This is a very rare opportunity to secure a fully tenanted building in the tightly-held commercial precinct of Lismore within 40 minutes of Byron Bay.

    - Suite 1 = 3 Year Lease commenced 27/03/2019 + 3 Year Option
    - Suite 2 = 3 Year Lease commenced 01/06/2020 + 3 Year Option
    - Approximate Net Rental Income $138,800* + GST per Annum
    - 590sqm* of quality 2 storey building
    - 1045sqm* of land zoned B3 Commercial Core
    - Disabled Access
    - 19 On-site secured car parks

    For Sale by Offers to Purchase closing Thursday 22nd October 2020 at 4:00pm (if not sold prior)

    For further information or to arrange an inspection, please contact Chris Harley on 0412 758 830

    (*Approximates)

    Property Highlights

    Property ID2016500637
    Floor Area590 m²
    Land Area1,045 m²
    Energy0-star NABERS Energy rating
    Parking19 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  18 Sep 2020
    Map for 36-38 Conway Lismore NSW 2480
    Map for 36-38 Conway Lismore NSW 248036-38 Conway Lismore NSW 2480
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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