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Ballina, 1/317 River Street

Great Quality Great Return

$895,000 Plus GST (if any)

Listing Number: NNR3596
About this listing
This modern tidy office suite of 211.3sqm currently leased to a Government Department tenant, showing a 7.45% return on Investment represents an outstanding investment opportunity. Just leased to NSW Department Fisheries until September 2019 with a view to continue the current net income is $67,000.00 + GST+ outgoings per annum. The building is a landmark of Ballina being constructed by Master Builder John Eggins as his own office and display centre.
With premium design features throughout this would arguably have to be the best office suite available in Ballina and inspection of this unique building will reveal exceptional quality both inside and out. With superior features such as lift, ducted air-conditioning, auto entrance doors, intergrated security alarm and stunning floating marble staircase, plus plenty of natural light for this first-floor premises. The location is prominent due to its high exposure on River Street. What a fantastic investment opportunity, premium building, Government Department tenant, high exposure location as well as attractive depreciation advantages.
Property Information
  • Property Type: Office

Contact Details

Harcourts Northern Rivers

1/26-54 River Street
Ballina
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