Lots' 27 & 28, 126 Molesworth Street,
Lismore, NSW 2480
Offices • Medical & Consulting
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$460,000
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Map of Lots' 27 & 28, 126 Molesworth Street
TOP SHELF COMMERCIAL SUITES - INDICATIVE YIELD 8.7%+
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.
Price Guide: $460,000 - $495,000
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.
Price Guide: $460,000 - $495,000
Property ID: 502833294Last Updated: 20 Aug 2018
04044426...
Lots' 27 & 28, 126 Molesworth Street
Lismore, NSW 2480
LJ Hooker - Ballina89 River Street
BALLINA, NSW 2478
BALLINA, NSW 2478
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