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Ballina, 2/317 River Street

Excellent Investment Opportunity

$799,000 Incl GST

Listing Number: NNR3638
About this listing
This Modern tidy office suite of 209.3sqm is currently leased to a Government funded tenant, returning 7.34% Return on Investment this is an excellent investment opportunity. Foundations Care lease expires 30 September 2018 with a further 2-year option. The current net income is $58,651.08 + GST+ outgoings per annum. The building is a landmark of Ballina being constructed by Master Builder John Eggins.
Inspection of this unique Building will immediately reveal exceptional quality both inside and out. With premium features such as lift, ducted air-conditioning, auto entrance doors and floating marble staircase, plus plenty of natural light for this first-floor premises. The location is popular due to its high exposure on River Street. What a fantastic investment opportunity, premium building, Government Funded tenant, high exposure location as well as attractive depreciation advantages.
Property Information
  • Property Type: Office
  • Property Features: Level Number: 2

Contact Details

Harcourts Northern Rivers

1/26-54 River Street
Ballina
Office website

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