13/26-54 River Street, Ballina NSW 2478
Sold for $380,000
COMMERCIAL INVESTMENT OPPORTUNITY $380,000 Retail - Shop - Property ID: 935690
As far as commercial properties go this one is in the lower price range for Ballina and would be ideal for those buyers looking to start their commercial property portfolio. The property is well located in the Ballina CBD in a modern building less than 100 metres from the Richmond River and the Ramada Hotel complex. The lettable area of the shop is 78m2 and there is a car park at the rear. A new 3 year by 3 year lease has just been signed with a rental of $26,900 per annum and yearly CPI increases. The property is being sold as a going concern so there are no GST implications for registered parties.
- Building Size Approx. - 78 m2