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OFFICE COMPLEX IN CBD, LISMORE, NORTHERN RIVERS

Location / Area

Lismore CBD, Northern Rivers, NSW

Property Type / Size

A freehold 3 storey office building with large car park area used for clients.

It has high exposure and potential for redevelopment

Price Range

Expressions of interest

Property Information

This building is situated in Molesworth Street opposite:

• Fire station
• Art Gallery
• Bus Terminal
• Left Bank Café

It is close to:

• Hotels
• Cafes
• Restaurants
• Shops
• Central Business District
• Council Carparks

The Building

This is a 3 storey building with:

• Bottom floor garage area
• 1st floor office area
• 2nd floor office area (with ladies and gentlemen’s toilets)

All office areas are:

• Air conditioned
• Carpeted
• Equipped with kitchen facilities (for staff)

Building	Building	Building

The Property

• Rear stairway to car park area
• Fenced side and back boundaries
• Access via carpark to Carrington St (Near Woolworths)

Carpark

This is a large bitumen area with spaces leased to businesses/clients area with spaces leased to businesses and clients who are in nearby premises which include the shops.

There are 8 spaces for tenants of the building and 26 for other clients.

This area has potential to be developed for further commercial activities (shops/cafes/offices)

Rear Carpark	Rear Carpark	Lower Level Garage

Rental Income

The building and carpark have potential income of approximately $80,000 per annum.

This would be increased with the additional area downstairs rented out.

Land Area

The land area is 1109 square metres.

It has 18.2 metres frontage to Molesworth Street, the main street of Lismore.

Office Areas

Suite 1           83.00sqm @281.63 sqm

Suite 2           55.20sqm @281.63 sqm

Suite 3           75.65sqm @212.15 sqm

Suite 4           46.47sqm @212.15 sqm

All suites include 2 car spaces each.

The ground floor area could easily be converted to offices.

This has footpath access to Molesworth Street and there are toilets on this level. There is a D.A. approved for this alteration.

Downstairs Office	Downstairs Office	Downstairs Kitchen

Upstairs Office	Upstairs Office	Upstairs Kitchen

Other Features

• Quality carpets throughout
• Display window or ground floor
• Fluorescent signage for clients
• Opening windows
• Blinds on some windows
• Some office furniture and fittings included
• Separate electrical meters for each area
• Ladies and Gentlemen’s toilets

Front Foyer	Staircase	View off rear

Lismore

Lismore City has a wide coverage of socio economic groups and a vibrant community. The city has:

• Southern Cross University
• Lismore Workers Club
• Race Course
• Sporting facilities
• Industry

Best Features

• Freehold office complex with excellent exposure
• Currently 4 office spaces with carpet and air conditioning
• Potential to add more offices in ground level carpark
• Income from large outdoor carpark
• Quality brick construction
• Close to Post Office, Banks, Shops and Cafés
• Ideal for owner/occupier or investor

Additional Information

This property is ideal for owner occupier or as an investment opportunity.

It is in a prime location and is in excellent order and condition.

Contact Details

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