North Coast Commercial Real Estate is pleased to present to market 19-23 Gaggin Lane, Lismore.

Property Highlights:
• Newly Refurbished: This office warehouse facility has been recently refurbished to meet modern standards. Enjoy the benefits of a pristine, well-maintained property that requires no immediate investment.
• Secure Government Tenant: The property boasts a 5 year lease commencing 01/01/2023 to 31/12/2027 with a reliable government tenant, ensuring a steady and consistent rental income. Rest easy knowing your investment is backed by a strong lease agreement with a Net Rent of $141,153* + GST per Annum.
• Strategic Location: Situated just 100* meters from the major hospital precinct, this property is in a prime location for healthcare-related businesses or organizations. It offers convenient access to healthcare services, which is always in demand.
• Future Development Upside: With a 3,626* sqm land parcel, this property offers excellent future development potential. You have the opportunity to explore various expansion possibilities and maximize your investment's value over time.
• Investment Opportunity: This is your chance to acquire a property with an attractive combination of a government lease, strategic location, and development potential. The Lismore Health Precinct continues to grow, and this property is poised to benefit from future developments. Whether you're an experienced investor looking to diversify your portfolio or someone new to commercial real estate, this property is a compelling opportunity.

• Total Building Size: 842 sqm*
• Land Size: 3,626sqm
• Zoned: R3 Medium Density Residential
• Net Rent: $141,153* + GST per Annum
• Proximity: Only 100* meters to Lismore Base Hospital precinct

Contact Chris Harley on 0412 758 8... today to schedule a viewing or for further information.

*Approximate