36-38 Conway, LISMORE NSW 2480

For Sale $1,900,000

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 2022 & 2023 both with a 3 year option and a current Net passing rent income of $138,800* 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 27/03/2019 + 3 Year Option
– Suite 2 = 3 Year Lease commenced 01/06/2020 + 3 Year Option
– Approximate Net Rental Income $138,800* + 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 Sale by Offers to Purchase closing Thursday 22nd October 2020 at 4:00pm (if not sold prior)

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

(*Approximates)

Offices
Property Features
  • Offices
  • Land is 1,045 m²
  • Floor Area is 590 m²
  • 19 Car Spaces
Chris Harley
Director
0412 758 830