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19 Krauss Ave Lismore, NSW 2480

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19 Krauss Ave,
Lismore, NSW 2480

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail

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$1,400,000

Key property information

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Floor area

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Map of 19 Krauss Ave

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SECURE TENANTED INVESTMENT | 8 - 9% Return

Situated on just under 5000m2 of land and with prime highway exposure, this property is a fantastic investment opportunity with future development potential in the heart of Lismore's industrial/retail precinct.

Property features include:
- 1360m2* of net lettable area
- Annual net income approx $127,056
- Zoned B6 - Enterprise Corridor
- 100% Freehold building with ample car parking
- Land size 4,985m2*
- Long-standing tenant of over ten years


Located adjacent to Lismore airport this property is neighboured by several national businesses including Bunnings, Spotlight, Mazda, Homemaker centre and is only minutes to the CBD.

With a long-standing tenant and a secure lease, this opportunity represents excellent value and potential to earn above-average yields.

About Lismore.
With an ever-growing population, major health and hospital infrastructure and large university culture, Lismore is the commercial and social heart of the Northern Rivers and is poised as a centre of growth and investment for years to come.

For further information, please contact:

Darren Jones
COMMERCIAL SALES & LEASING SPECIALIST
RAY WHITE GC SOUTH
0402 188 6...
darren.jones@raywhite.com

Chris Harley
DIRECTOR
NORTH COAST COMMERCIAL
0412 758 830
chris@northcoastcommercial.com.au

Aaron Neylan
COMMERCIAL ANALYST
RAY WHITE GC SOUTH
0401 282 299
aaron.neylan@raywhite.com

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Property ID: 503338022Last Updated: 4 Dec 2019

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19 Krauss Ave
Lismore, NSW 2480

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