MAIN STREET FREEHOLD Big freehold building in the middle of Lismore's main street and opposite the mid-street pedestrian crossing. Ground floor 273m2 and first floor 260m2. Approximately 7.5m frontage. Ducted air conditioning. Five off-street parks. Offered vacant. Excellent retail location and premises.
Entry Level Investment Leased to National Operator Fifteen (15) years to Rosalind St Investments Pty Ltd (pending assignment to Affinity Education Group Ltd) to 15 May 2024. Two (2) further terms of five (5) years, each with a five (5) year notice period. Annual CPI reviews with a 2.5% minimum increase. Next Market Review date is 15 May 2019, rent cannot reduce as a result of Market Review and is uncapped. Tenant responsible for rates, insurance and repairs and maintenance (including structural), management fees and land tax (where applicable). $56,327 pa (approx).
Unique Childcare Portfolio Auction be held on Wednesday 25 June at 10:30am Cr...
Affordable Freehold Retail
Heart of Lismore CBD Suit entry-level investors/part owner occupiers. Comprises 3 prime shops (2 leased and 1 vacant). Tenants include "The Loft Restaurant" (trading over 15 years) and Beautician. Excellent corner position in retail precinct. Net Lettable Area: 250 sqm. 3 street frontages. Lismore's population destined to rise from 45,000 to 52,680. High yielding investment opportunity. Under instructions from The Trust Company - will be sold! Net Income: $23,610 pa + GST (on fully leased basis).
For Sale by Private Treaty indicative Asking Price $255,000
CO-AGENT Harriet France 0408 936 373 hfrance@thetrustcom...
Fully Leased Freehold Investment
7 Shops/9 Offices One of Lismore's best CBD retail positions. Long term tenants including Banana Coast Credit Union, Darrell Lea, Dept. of Transport and Australian Valuation Office. Strong tenancy mix with good occupancy history. Substantial 2 storey 1,417 sqm building. 3 street frontages. Lismore's population destined to rise from 45,000 to 53,680. Stable multiple income streams. High yielding investment opportunity with upside. Under instructions from The Trust Company - will be sold! Net Income: $191,219 pa + GST (on fully leased basis).
CO-AGENT Harriet France 0408 936 373 email@example.com
RESTAURANT WITH RESIDENCE Restaurant with atmosphere and 2 bedroom residence attached. Suburban location and enjoyed by the locals. Convenient to University. Long lease and reasonable rent. Ideal for a couple. Real potential. Asking less than set-up cost.