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81 River Street
Ballina NSW 2478
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Sold on 24 Feb 2015

81 River Street Ballina NSW 2478

  • Offices
  • 500 m²
  • Sold, $2,800,000

Renewed 3 + 3 + 3 Yr Lease to CBA. Superbly Positioned Opposite Woolworths.

Long established CBA with renewed 3 + 3 + 3 year lease, commenced Feb. 2015.
CBA: Australia's #1 company with market cap of $135 Billion (as at 20 Jan 2015).
Modernised two level building with 2 ATM's.
Large 500 sqm CBD site with wide 10m retail frontage.
Brand new Woolworths Supermarket directly opposite.
Prime high growth coastal region.
Ballina Shire population: 40,000 (2011 census).
Direct flights from Sydney & Melbourne and only 1¼ hours drive south of the Gold Coast.
Strategic Airport entry to Byron Bay and surrounds.
Minimal management with bank paying all usual outgoings, as per lease.
Net Income: $199,782 pa + GST.

Auction 2pm AEDT Tuesday 24 February
50 Margaret Street Sydney

Darren Beehag 0411 226 223

CO-AGENT
LJ Hooker Ballina
Dean Shay 0404 442 696

AUCTION

Auction date and time24/02/2015 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold24 Feb 2015
Sold Price$2,800,000
Floor AreaAsk Agent
Land Area500 m²
ParkingAsk Agent
Property ID2010652923
Category
Last updated  24 Feb 2015
Map for 81 River Street Ballina NSW 2478

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Property Highlights

Date Sold24 Feb 2015
Sold Price$2,800,000
Floor AreaAsk Agent
Land Area500 m²
ParkingAsk Agent
Property ID2010652923
Category
Last updated  24 Feb 2015
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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