FOR SALE
$86,000

Lot 1 & Lot 2/3 Gaggin Lane
Lismore NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1264m2
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LAND OPPORTUNITY CLOSE TO CBD

An opportunity like this rarely comes along, so act swiftly to secure these two lots totalling 1,264sqm on commercially zoned land that has been extensively filled close to the Lismore CBD.
These two lots are being sold together and would be suitable for a wide range of possibilities, given the size of the land (subject to council approval).
Lot 1 measures 632sqm with Lot 2 also measuring 632sqm. Being in a central location close to Lismore Shopping Square and the Lismore CBD with a genuine vendor, these lots will be sold so don’t delay.
Note the land was impacted by the flood event of 2022 and cannot be used for a residential premises due to the current zoning of E2 commercial core.

Property Details for Lot 1 & Lot 2/3 Gaggin Lane, Lismore

Building Type
Commercial
Land Size
1264m2

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About Lismore 2480

The size of Lismore is approximately 3.9 square kilometres. It has 17 parks covering nearly 17.1% of total area. The population of Lismore in 2011 was 3,799 people. By 2016 the population was 3,576 showing a population decline of 5.9% in the area during that time. The predominant age group in Lismore is 50-59 years. Households in Lismore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lismore work in a professional occupation. In 2011, 48.9% of the homes in Lismore were owner-occupied compared with 49.2% in 2016.

Lismore has 2,761 properties. Over the last 5 years, Houses in Lismore have seen a 33.00% increase in median value, while Units have seen a 57.94% increase. As at 30 November 2024:

  • The median value for Houses in Lismore is $445,817 while the median value for Units is $445,103.
  • Houses have a median rent of $525 while Units have a median rent of $380.
There are currently 33 properties listed for sale, and 9 properties listed for rent in Lismore on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Lismore.

Suburb Insights for Lismore 2480

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Malin Ross
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Wal Murray & Co First National - LISMORE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.