11 Sheather Street,
Ballina, NSW 2478

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Commercial Farming & Rural

Price information

Sold

$1,000,000

Key property information

Land area

Floor area

Property extent

Tenure type

NABERS

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Map of 11 Sheather Street

Directions

Strategic Investment Opportunity

Superb location in the tightly held Clark Street Industrial Precinct. Closest industrial area to the CBD and also East Ballina, Skennars Head and Lennox Head. Sheather Street's new intersection with Angels Beach Drive has further cemented the importance of this industrial area to the residents from East Ballina to Lennox Head.

Long standing national tenant, Lawrence & Hanson is Australia's leading electrical wholesaler.

Land Area: 1120m2
Building Area: 550m2
Current Lease: 7 January, 2022 – 6 January, 2025
Option: 1 x 3 years
Current Rent: $47, 122.56 + GST pa (January, 2023)
Outgoings: Tenant pays - Council rates, water/sewer rates
- Land Tax (single holding basis)
- Building Insurance

This is an opportunity that ticks a lot of boxes. Strategic location, national tenant and future rental upside. What a wonderful addition to your investment portfolio this property would be.

For inspections and enquiries please contact Dean Shay on 0404 442 6... or 6686 2711.

Property ID: 504248024Last Updated: 8 May 2023

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