FOR SALE
Under Contract

95-101 River Street
Ballina NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 695m2
Land area: 1011.7m2
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Landmark asset First time to market in 54 years

LJ Hooker Ballina have been appointed to offer for sale by Expressions of Interest this exceptional commercial property with future development potential. No's 95-101 River Street Cnr Cherry Street, Ballina Far North Coast NSW.
10 Shops and 1 office situated on Ballina's most strategic C.B.D intersection ideal for self-managed superannuation funds, private investors, investment funds or developers.
Ballina is one of the fastest growing Shires on the East Coast of Australia. It is enjoying a huge influx of new residents and tourists. The Ballina Jet Airport is one of Australia's busiest regional airports with an average of 50 direct flights per week to Sydney, Melbourne and Newcastle.
Post Covid 19 we have experienced a large number of buyers and renters moving from the southern cities to a more relaxed lifestyle. Families and couples are making the decision to live in a more laid-back environment as zoom meetings and working from home is now very much a reality.
Building area: 695.2m GLA
Land area: 1,011.7m2
Construction: Brick with klip-lok roofing
Current income: $302,360 + GST gross approx.
Zoning: E2 Commercial Centre
Building height limit: 18m
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Property Details for 95-101 River St, Ballina

Building Type
Commercial
Floor Size
695m2
Land Size
1011.7m2

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About Ballina 2478

The size of Ballina is approximately 21.5 square kilometres. It has 21 parks covering nearly 29.4% of total area. The population of Ballina in 2011 was 7,874 people. By 2016 the population was 8,655 showing a population growth of 9.9% in the area during that time. The predominant age group in Ballina is 60-69 years. Households in Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballina work in a trades occupation. In 2011, 49.4% of the homes in Ballina were owner-occupied compared with 51.3% in 2016.

Ballina has 6,868 properties. Over the last 5 years, Houses in Ballina have seen a 56.81% increase in median value, while Units have seen a 39.96% increase. As at 31 October 2024:

  • The median value for Houses in Ballina is $896,485 while the median value for Units is $679,321.
  • Houses have a median rent of $690 while Units have a median rent of $515.
There are currently 49 properties listed for sale, and 23 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Ballina.

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Michael Shay
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Dean Shay
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LJ Hooker Ballina
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