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4/35 Fawcett Street Ballina, NSW 2478

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4/35 Fawcett Street,
Ballina, NSW 2478

Shops & Retail

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$840,000

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Floor area

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Map of 4/35 Fawcett Street

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Prime Position Investment

First time offered to market since development. Exceptional opportunity to acquire a first class investment. Located on the ground floor corner of the Riverside complex this property provides a fantastic aspect for patrons over Fawcett Park and the Richmond River yet is only a stone's throw from the new Woolworths in the centre of Ballina CBD. Longstanding business "Twenty Nine" Restaurant and Bar is the tenant who currently have a 3 year + 3 year lease in place.

Internal Area is 264m2 approx. plus the tenant also has use of the huge balcony area for additional patrons.

Area: 264m2 approx.
Lease: 3 year + 3 year option commenced 4th March 2014
Current Net Rent: $62,580 approx. + GST increasing to $72,580 approx. + GST March 2016

The property is being sold as a result of a dissolution of partnership.

Contact Dean Shay 0404 442 696 or Murray Joseph 0412 928 211

Property ID: 501505275Last Updated: 25 May 2015

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4/35 Fawcett Street
Ballina, NSW 2478
LJ Hooker - Ballina
89 River Street
BALLINA, NSW 2478

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