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

DESCRIPTION

Phone enquiries - please quote property ID 34452.

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 $170,139.19.00 plus GST. Out goings approx. $14,000.00.
* All leases are adjusted annually at various times and increased based on c.p.i. so that there is a steady increase in the rental return.
* 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. Now an air conditioned living area and main bedroom.
* A currently tenanted 1-bedroom residential unit on the ground floor, which STCA could potentially be converted into a commercial unit.
Features:
* Solid Construction: Cavity brick with zinc alum insulated roof and stainless-steel box gutters.
* Modern Amenities: All commercial 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.
* Air Conditioned Master bedroom with ensuite, walk-in robes, and a separate study/sewing annexe.
* Modern kitchen with Tasmanian Oak cupboards, pantry, and dishwasher.
* Air Conditioned Spacious lounge/living area opening to an enclosed veranda/sunroom.
* Outdoor deck and enclosed games room (previously a fibre glass swimming pool, now covered, but easily restored by removing the deck).
* Lock-up garage, carport, tool room, wash tub, and toilet at ground level.
* Easily convertible to professional consulting rooms or serviced 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 of 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 No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.