50-52 Magellan Street,
Lismore, NSW 2480
Shops & Retail • Other
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CBRE - NSW
Level 21, 363 George StreetSYDNEY, NSW 2000
50-52 Magellan Street
Lismore, NSW 2480
Map of 50-52 Magellan Street
Affordable 100% Leased CBD Freehold | Indicative Price $440k / 9% Yield
- Fully Leased Multi-Tenanted Investment
- Prime 227sqm* CBD Freehold
- Net Income: $39,969 pa + GST
Burgess Rawson from CBRE is pleased to offer to the market 50-52 Magellan Street, Lismore NSW for sale via our Investment Portfolio Auction 178.
This opportunity has the following key investment highlights:
+ Affordable fully leased freehold investment
+ Leases up to 2034 including option
+ Fixed annual increases of 3% and 3.5%, supporting compounding rental growth
+ Multi-tenanted asset across three shops including Lambei Thai, 187 Cantina, and retail operator, providing diversified income streams
+ Strategic 227sqm* CBD landholding* with dual street frontage and prominent exposure
+ Favourbale E2 Zoning: allowing for potential future upside (STCA)
+ Northern Rivers Region – thriving economic hub generating $42.05 billion in output and home to 315,775+ people
+ Net Income: $39,969 pa + GST*
To be sold by Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx
This opportunity has the following key investment highlights:
+ Affordable fully leased freehold investment
+ Leases up to 2034 including option
+ Fixed annual increases of 3% and 3.5%, supporting compounding rental growth
+ Multi-tenanted asset across three shops including Lambei Thai, 187 Cantina, and retail operator, providing diversified income streams
+ Strategic 227sqm* CBD landholding* with dual street frontage and prominent exposure
+ Favourbale E2 Zoning: allowing for potential future upside (STCA)
+ Northern Rivers Region – thriving economic hub generating $42.05 billion in output and home to 315,775+ people
+ Net Income: $39,969 pa + GST*
To be sold by Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx
Lismore, 2480 demographic data
3,656
Population
$1,035 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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