32-34 Gumtree Drive Goonellabah NSW 2480
$2,495,000.00

DESCRIPTION

Phone enquiries - please quote property ID 34486.

Solid Investment Opportunity: 6 Commercial Units + 2 Residential Units

Discover an excellent investment opportunity in the beautiful NSW Northern Rivers region. This architect-designed complex, known as the "Goonellabah Business Centre," offers a mix of commercial and residential units with strong income potential and long-term tenants. Located in flood-free Goonellabah, adjacent to the Bruxner Highway, this property provides easy access to Ballina, Byron Bay, Lismore, and Casino.

Property Highlights:
* Excellent ROI: Attractive return on investment with a combined income of $164,616.89 plus GST. Outgoings approx. $15,000.00
* Commercial Units: 6 commercial units with long-term tenants including a sporting association, chiropractor, clinical psychologist, paediatrician, & personal fitness.

Residential Units:
* A spacious 4/5 bedroom residence with the option to live in or rent out.
* A currently tenanted 1-bedroom residential unit on the ground floor, which STCA could potentially be converted to a commercial unit.

Features:
* Solid Construction: Cavity brick with zinc alum insulated roof and stainless-steel box gutters.
* Modern Amenities: All units are air-conditioned with carpeted floors.
* Parking: Ample off-street parking for tenants and street parking for visitors.
* Potential for Growth: Opportunities for further refurbishment to create additional commercial suites.

Residential Details: - Main Residence (Suite 8):

* Four bedrooms (all with built-in robes) plus a study or fifth bedroom.
* Master bedroom with ensuite, walk-in robes, and a separate study/sewing annex.
* Modern kitchen with Tasmanian Oak cupboards, pantry, and dishwasher.
* Spacious lounge/living area opening to an enclosed veranda/sunroom.
* Outdoor deck and enclosed games room (previously a swimming pool, now covered).
* Lock-up garage, carport, tool room, wash tub, and toilet at ground level.
* Easily convertible to professional consulting rooms or service offices.
* One-Bedroom Unit (Suite 7):
* Large lounge and separate kitchen dining area.

Location:
* Situated in a growing residential and satellite commercial area on the Alstonville Plateau.
* Enjoy views to the border ranges and cooling afternoon sea breezes.
* Just 2.5 hours’ drive to Brisbane CBD or International Airport, 30 minutes to Ballina surf, and 45 minutes to Byron Bay.
* Rich volcanic soils support productive macadamia, avocado, banana farms, and emerging fruit orchards and coffee plantations.
* Nearby Lismore offers excellent education, health facilities, and vibrant sporting and cultural activities.

Sale Details:
* The complex is being sold as a FREEHOLD going concern and is GST free.
* Enquiries are invited for this unique investment opportunity.
* Secure a solid investment with diverse income streams and significant growth potential in the thriving Northern Rivers region.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.