Solid Investment Opportunity - Mixed Commercial & Residential Properties all in One Complex
Phone enquiries - please quote property ID 34452.
Solid Investment Opportunity: 6 Commercial Units + 2 Residential Units
Discover an excellent investment opportunity in the beautiful NSW Northern Rivers region. This architect-designed complex, known as the "Goonellabah Business Centre," offers a mix of commercial and residential units with strong income potential and long-term tenants. Located in flood-free Goonellabah, adjacent to the Bruxner Highway, this property provides easy access to Ballina, Byron Bay, Lismore, and Casino.
Property Highlights:
* Excellent ROI: Attractive return on investment with a combined income of $164,616.89 plus GST.
* Commercial Units: 6 commercial units with long-term tenants including a sporting association, chiropractor, clinical psychologist, paediatrician, & personal fitness.
Residential Units:
* A spacious 4/5 bedroom residence with the option to live in or rent out.
* A currently tenanted 1-bedroom residential unit on the ground floor, which STCA could potentially be converted to a commercial unit.
Features:
* Solid Construction: Cavity brick with zinc alum insulated roof and stainless-steel box gutters.
* Modern Amenities: All units are air-conditioned with carpeted floors.
* Parking: Ample off-street parking for tenants and street parking for visitors.
* Potential for Growth: Opportunities for further refurbishment to create additional commercial suites.
Residential Details: - Main Residence (Suite 8):
* Four bedrooms (all with built-in robes) plus a study or fifth bedroom.
* Master bedroom with ensuite, walk-in robes, and a separate study/sewing annex.
* Modern kitchen with Tasmanian Oak cupboards, pantry, and dishwasher.
* Spacious lounge/living area opening to an enclosed veranda/sunroom.
* Outdoor deck and enclosed games room (previously a swimming pool, now covered).
* Lock-up garage, carport, tool room, wash tub, and toilet at ground level.
* Easily convertible to professional consulting rooms or serviced offices.
* One-Bedroom Unit (Suite 7):
* Large lounge and separate kitchen dining area.
Location:
* Situated in a growing residential and satellite commercial area on the Alstonville Plateau.
* Enjoy views to the border ranges and cooling afternoon sea breezes.
* Just 2.5 hours’ drive to Brisbane CBD or International Airport, 30 minutes to Ballina surf, and 45 minutes to Byron Bay.
* Rich volcanic soils support productive macadamia, avocado, banana farms, and emerging fruit orchards and coffee plantations.
* Nearby Lismore offers excellent education, health facilities, and vibrant sporting and cultural activities.
Sale Details:
* The complex is being sold as a FREEHOLD going concern and is GST free.
* Enquiries are invited for this unique investment opportunity.
* Secure a solid investment with diverse income streams and significant growth potential in the thriving Northern Rivers region.
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