81 River Street,
Ballina, NSW 2478
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CBA - Trophy Bank Investment
What an Investment Opportunity. The freehold of Ballina's long established Commonwealth Bank is for Auction.
This modernised two level building is approximately 479m2 at ground level and 90m2 on the first floor. It has a large 10m approx. street frontage with 2 ATM's. The site's prominent location in the CBD will be reinforced by the opening of the new Woolworths opposite the site in November.
Ballina's population is approx. 20,000 with 40,000 in the Shire. Ballina airport has direct flights to Sydney, Newcastle and Melbourne being serviced by Virgin, Jetstar and Rex. The popular tourist town is 35km south of Byron Bay and only 1 and 1/4 hours’ drive south of the Gold Coast.
Currently under a secure 6 year lease to 2015 plus 6 year option the CBA pays all the usual outgoings in addition to the base rent. Current net rent: $193,964 + GST pa.
This modernised two level building is approximately 479m2 at ground level and 90m2 on the first floor. It has a large 10m approx. street frontage with 2 ATM's. The site's prominent location in the CBD will be reinforced by the opening of the new Woolworths opposite the site in November.
Ballina's population is approx. 20,000 with 40,000 in the Shire. Ballina airport has direct flights to Sydney, Newcastle and Melbourne being serviced by Virgin, Jetstar and Rex. The popular tourist town is 35km south of Byron Bay and only 1 and 1/4 hours’ drive south of the Gold Coast.
Currently under a secure 6 year lease to 2015 plus 6 year option the CBA pays all the usual outgoings in addition to the base rent. Current net rent: $193,964 + GST pa.
Property ID: 500856867Last Updated: 13 Dec 2013
04044426...
81 River Street
Ballina, NSW 2478
LJ Hooker - Ballina89 River Street
BALLINA, NSW 2478
BALLINA, NSW 2478
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