Burgess Rawson from CBRE is pleased to offer to the market 50-52 Magellan Street, Lismore NSW for sale via our Investment Portfolio Auction 178.

This opportunity has the following key investment highlights:

+ Affordable fully leased freehold investment
+ Leases up to 2034 including option
+ Fixed annual increases of 3% and 3.5%, supporting compounding rental growth
+ Multi-tenanted asset across three shops including Lambei Thai, 187 Cantina, and retail operator, providing diversified income streams
+ Strategic 227sqm* CBD landholding* with dual street frontage and prominent exposure
+ Favourbale E2 Zoning: allowing for potential future upside (STCA)
+ Northern Rivers Region – thriving economic hub generating $42.05 billion in output and home to 315,775+ people
+ Net Income: $39,969 pa + GST*

To be sold by Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approx