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112 River Street Ballina, NSW 2478

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112 River Street,
Ballina, NSW 2478

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Rare Blue Chip Commercial Investment (Freehold only)

Auction Location: Lennox Head Cultural Centre.

Located in the continually growing beachside town of Ballina, is this often sought and rarely found prime commercial building in the heart of the CBD. Being tightly held, rarely do properties come up for sale in thriving River Street, so don't miss your opportunity to secure a prime freehold investment.

The solid brick building with colorbond roof currently contains a Juice Bar with cool room, customer seating, kitchen, storage and toilet. Long term established business on a new 3 year lease producing net income of $34,696 per annum approx.

Land size approx. 101.2m2, Building approx. 78m2

This property is to be auctioned on 4th February 2021 at 5:30pm at the Lennox Head Community Centre if not sold before.

For inspection or enquiries please contact Anthony Scicluna on 6686 2711 or 0407 243 453.

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
02 6686 27...
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112 River Street
Ballina, NSW 2478
LJ Hooker - Ballina
89 River Street
BALLINA, NSW 2478

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