SUMMARY
TOP SHELF COMMERCIAL SUITES - INDICATIVE YIELD 8.7%+
DESCRIPTION
Three professional suites, 2 leased and 1 vacant in Star Court Arcade.
Largest suite new 5 + 5 year lease to National Dental Care, a long term practice in occupation for about 80 years. Second tenancy under 3+3 year lease commenced March 2018.
In addition there is potential to owner occupy or lease the third tenancy of approx. 80m2 for a return of a further $6,820.00 + GST approx per annum. The two (2) existing tenancies are currently returning $56,619.60 + GST per annum. An important and strategic location in the middle of Lismore's main street, inside of the block, 1st floor (flood free).
Quality premises and an outstanding investment, not always available.Australia,
Lot 27 & 28/126 Molesworth Street,
LISMORE,
NSW,
2480
Lot 27 & 28/126 Molesworth Street LISMORE NSW 2480Three professional suites, 2 leased and 1 vacant in Star Court Arcade.
Largest suite new 5 + 5 year lease to National Dental Care, a long term practice in occupation for about 80 years. Second tenancy under 3+3 year lease commenced March 2018.
In addition there is potential to owner occupy or lease the third tenancy of approx. 80m2 for a return of a further $6,820.00 + GST approx per annum. The two (2) existing tenancies are currently returning $56,619.60 + GST per annum. An important and strategic location in the middle of Lismore's main street, inside of the block, 1st floor (flood free).
Quality premises and an outstanding investment, not always available.Commerial For SaleOffices
698 Fox Street BALLINA NSW 2478
Contact Agent
Central LivingFor Sale
More than 1 month ago
BALLINA
,
NSW
1975 Pine Avenue EAST BALLINA NSW 2478
$800 per week
Magnificant views over Shaws Bay$800
(per week)
More than 1 month ago
EAST BALLINA
,
NSW
418 Cherry Street BALLINA NSW 2478
$1795.00 per month
Central Business LocationLease
More than 1 month ago
BALLINA
,
NSW
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