95-101 River Street BALLINA NSW 2478
Expressions of Interest

DESCRIPTION

LJ Hooker Ballina have been appointed to offer for sale by Expressions of Interest this exceptional commercial property with future development potential. No's 95-101 River Street Cnr Cherry Street, Ballina Far North Coast NSW.

10 Shops and 1 office situated on Ballina's most strategic C.B.D intersection ideal for self-managed superannuation funds, private investors, investment funds or developers.
Ballina is one of the fastest growing Shires on the East Coast of Australia. It is enjoying a huge influx of new residents and tourists. The Ballina Jet Airport is one of Australia's busiest regional airports with an average of 50 direct flights per week to Sydney, Melbourne and Newcastle.

Post Covid 19 we have experienced a large number of buyers and renters moving from the southern cities to a more relaxed lifestyle. Families and couples are making the decision to live in a more laid-back environment as zoom meetings and working from home is now very much a reality.

Building area: 695.2m GLA
Land area: 1,011.7m2
Construction: Brick with klip-lok roofing
Current income: $302,360 + GST gross approx.
Zoning: E2 Commercial Centre
Building height limit: 18m

Expressions of Interest are invited, with submissions closing 4:00pm on Thursday, 29th August 2024. Supplementary information, including Information Memorandum, Contract and Expression of Interest documents, are available upon request.

This is a rare generational opportunity to acquire one of the most significant properties in Ballina's C.B.D. For further details or to arrange an inspection, please contact Michael or Dean at LJ Hooker Ballina.