GOONELLABAH/LISMORE_Eastpoint

Description

Modern single level convenience shopping centre built in 2005.
Anchored by Spar supermarket on 15 year lease expiring July 2020 + options.
Specialty shops include Chemist Warehouse, Subway and café on leases expiring through until 2021 plus options.
Potential for further subdivision into more specialty shops.
Lettable area of 1,511sqm.
Large corner site of 5,867 sqm with on site parking for 87 cars.
Lismore: Strong regional business centre of the Northern Rivers region of NSW.
High growth location with burgeoning residential development.
Fixed 3.5% and CPI annual rent increases.
Net Income: $376,091 pa + GST.

Auction 2pm AEDT Tuesday 24 February
50 Margaret Street Sydney

Michael Collins 0404 023 204
Dean Venturato 0412 840 222

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GOONELLABAH, NSW

799 799 Ballina Road

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  • Stephen Lovison
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