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3 & 5 Ray O'Neill Crescent Ballina, NSW 2478

3 & 5 Ray O'Neill Crescent,
Ballina, NSW 2478

Warehouse, Factory & Industrial

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Rare Industrial Warehouse Opportunity

On offer, an exclusive opportunity to secure two adjoining parcels totalling 2274m² (lot 3 - 1,285m² & Lot 5 989m²) in the heart of the bustling Ballina Commercial and Industrial estate. These parcels present an excellent prospect for investment or redevelopment (STCA).

Current stable and secure tenants in place with good rental history and maximum 24 months leases remain. Totalling four tenancies with solid yield in place, however opportunity exists to expand the yield for the savvy investor.

A corner block zoned IN1 general industrial, total build area of 1092m² spread over two lots totalling 2274m². The proximity to town, shopping, airport and M1 access, solidifies interest in the Ballina Industrial estate as a prime location of local industry.

• Site area 2274m² (Lot 3 -1,285m² & Lot 5- 989sqm²)
• Building area 1092m²
• Prime redevelopment S.T.C.A opportunity
• Centrally located in the industrial area
• Located 3.8 km to Ballina's CBD, 3.1km Ballina Fair & 2km from airport
• Zoned IN1 - General Industrial.
• Net $106,798.51 p.a. + Outgoings

For more information or to organise an inspection, contact Damien Smith or Darcy Whitfeld.

Additional information

Ballina, 2478 demographic data

The median household income for Ballina is $1,013, 29% lower than Regional New South Wales's household income of $1,434. Ballina has an older age profile compared to the rest of Regional New South Wales (median age 56 vs 43). Property ownership data shows 29% of property owners in Ballina have a mortgage.

9,735
Population
$1,013 per week
Median household income
56 years
Median age
Owners
Most residents
Families
Most households
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3 & 5 Ray O'Neill Crescent
Ballina, NSW 2478
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