CBRE is pleased to offer to the market 38 Ballina Road (Bruxner Highway), Lismore NSW, a pharmacy anchored medical & fast food centre comprising two freestanding buildings, for sale via our Investment Portfolio Auction 187.

The property has the following key investment highlights:

+ Anchored by a brand new 10 year net lease to Chempro to January 2036, plus two further 10 year options to 2056
+ Chempro: one of Australia’s fastest growing pharmacy groups, with 150+ stores* across South East Queensland and Northern NSW and head office on the Gold Coast
+ Zambrero: Australia’s largest Mexican quick service restaurant franchise, with 365 restaurants* globally across Australia, New Zealand, Ireland, the United Kingdom and the United States
+ Freehold medical and fast-food centre delivering a diversified, non-discretionary income stream
+ Compounding fixed annual rent increases of 3% and 4%, ensuring long term rental growth
+ Net leases, with tenants responsible for 100% of outgoings including council rates, land tax and insurance
+ Two freestanding buildings with a combined lettable area of 1,127sqm*, refurbished in 2025, with ample on site customer parking
+ Commanding roundabout position with 156m* of triple street frontage to the Bruxner Highway, the principal arterial route linking Lismore to Ballina and the Pacific Highway
+ Significant 2,409sqm* freehold landholding zoned E2 Commercial Centre, neighbouring ALDI, BP, Hungry Jack’s & Services Australia
+ Lismore: regional capital of the Northern Rivers, supported by Southern Cross University and Lismore Base Hospital, with Council’s draft “Lismore 60,000’ strategy targeting a population of 60,000 and up to 10,000 new homes
+ Net Income: $418,925 pa* + GST

To be sold via Investment Portfolio Auction 187
10:30am AEST Tuesday 15 September 2026
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approximate