1&2/2 Martin Street,
Ballina, NSW 2478
Shops & Retail • Other
Key property information
Floor area
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Map of 1&2/2 Martin Street
Trouble Free Investment
Secure 5 year + 5 year lease to arguably Ballina's most popular restaurant located on the ground floor of the Ramada building on the Richmond River in Ballina.
High exposure corner location with ideal northeast aspect the property includes both indoor and terrace areas. Currently returning $57,000 pa nett approx.
Ballina's location and climate means the town is ever-growing with new residential estates being constructed, infill development occurring in the medium density areas and new motels and apartment complexes currently under construction in the high density areas.
Visitor numbers are also on the rise with the Ramada posting record occupancy levels year after year. Much of this can be attributed to the fact that access to Ballina is ever improving with the upgrade of the Pacific Highway to the north, planned upgrades to the south and Ballina boasts the busiest regional airport in NSW with several daily flights to Sydney, daily flights to Newcastle and daily direct flights to Melbourne.
The Ramada Complex is Ballina's premier short stay destination that is popular not only with holiday makers but also for business seminars, weddings etc.
What a great addition this would make to your investment portfolio.
High exposure corner location with ideal northeast aspect the property includes both indoor and terrace areas. Currently returning $57,000 pa nett approx.
Ballina's location and climate means the town is ever-growing with new residential estates being constructed, infill development occurring in the medium density areas and new motels and apartment complexes currently under construction in the high density areas.
Visitor numbers are also on the rise with the Ramada posting record occupancy levels year after year. Much of this can be attributed to the fact that access to Ballina is ever improving with the upgrade of the Pacific Highway to the north, planned upgrades to the south and Ballina boasts the busiest regional airport in NSW with several daily flights to Sydney, daily flights to Newcastle and daily direct flights to Melbourne.
The Ramada Complex is Ballina's premier short stay destination that is popular not only with holiday makers but also for business seminars, weddings etc.
What a great addition this would make to your investment portfolio.
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
04044426...
1&2/2 Martin Street
Ballina, NSW 2478
LJ Hooker - Ballina89 River Street
BALLINA, NSW 2478
BALLINA, NSW 2478
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