36-38 Conway, Lismore, NSW 2480

Offices

Sold $1,700,000

  • Property ID: 373965
  • Floor Area: 590m²
  • Land Area: 1045m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 590m2 1045m2 N/A
Fully Leased A-Grade Investment

Quality commercial office building, situated in the Lismore CBD.

The offering consists of a 1045sqm* allotment, zoned B3 Commercial Core and is improved by a modern premises totalling 590sqm* in building area as well as 19 secured on-site car spaces.

Currently leased in 2 separate tenancies to well-established community support services with leases to 2024 & 2023 both with a 2 year and 3 year option and a current Net passing rent income of $142,400* per annum.

This is a very rare opportunity to secure a fully tenanted building in the tightly-held commercial precinct of Lismore within 40 minutes of Byron Bay.

- Suite 1 = 3 Year Lease commenced 01/03/2021 + 2 Year Option
- Suite 2 = 3 Year Lease commenced 01/06/2020 + 3 Year Option
- Approximate Net Rental Income $142,400* + GST per Annum
- 590sqm* of quality 2 storey building
- 1045sqm* of land zoned B3 Commercial Core
- Disabled Access
- 19 On-site secured car parks

For further information or to arrange an inspection, please contact Chris Harley on 0412 758 830

(*Approximates)

Lismore Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3016 --- ---
Offices $2193 --- ---
Industrial $1071 --- ---
This is the average advertised price, rent and yield for Lismore, NSW 2480*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Tools

  North Coast Commercial Real Estate

 

View Agency Profile

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×