Share this property

realcommercial.com.au

1&2/2 Martin Street Ballina, NSW 2478

Directions

1&2/2 Martin Street,
Ballina, NSW 2478

Shops & Retail • Other

Price information

Sold

Contact Agent

Key property information

Floor area

Sold on

Map of 1&2/2 Martin Street

Directions

Trouble Free Investment

Secure 5 year + 5 year lease to arguably Ballina's most popular restaurant located on the ground floor of the Ramada building on the Richmond River in Ballina.

High exposure corner location with ideal northeast aspect the property includes both indoor and terrace areas. Currently returning $57,000 pa nett approx.

Ballina's location and climate means the town is ever-growing with new residential estates being constructed, infill development occurring in the medium density areas and new motels and apartment complexes currently under construction in the high density areas.

Visitor numbers are also on the rise with the Ramada posting record occupancy levels year after year. Much of this can be attributed to the fact that access to Ballina is ever improving with the upgrade of the Pacific Highway to the north, planned upgrades to the south and Ballina boasts the busiest regional airport in NSW with several daily flights to Sydney, daily flights to Newcastle and daily direct flights to Melbourne.

The Ramada Complex is Ballina's premier short stay destination that is popular not only with holiday makers but also for business seminars, weddings etc.

What a great addition this would make to your investment portfolio.

Property ID: 500029606Last Updated: 19 Jul 2016

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
04044426...
realcommercial.com.au logo
1&2/2 Martin Street
Ballina, NSW 2478
LJ Hooker - Ballina
89 River Street
BALLINA, NSW 2478

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.