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50-52 Magellan Street Lismore, NSW 2480

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50-52 Magellan Street,
Lismore, NSW 2480

Shops & Retail • Offices • Showrooms & Large Format Retail

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Map of 50-52 Magellan Street

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Affordable Freehold Retail Heart of Lismore CBD

Suit entry-level investors/part owner occupiers.
Comprises 3 prime shops (2 leased and 1 vacant).
Tenants include "The Loft Restaurant" (trading over 15 years) and Beautician.
Excellent corner position in retail precinct.
Net Lettable Area: 250 sqm.
3 street frontages.
Lismore's population destined to rise from 45,000 to 52,680.
High yielding investment opportunity.
Under instructions from The Trust Company - will be sold!
Net Income: $23,610 pa + GST (on fully leased basis).

For Sale by Private Treaty
indicative Asking Price $255,000

CO-AGENT
Harriet France 0408 936 373
hfrance@thetrustcompany.com.au

Property ID: 501022063Last Updated: 20 Mar 2014

02 9232 62...
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50-52 Magellan Street
Lismore, NSW 2480
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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