FOR SALE
$530,000 + GST if applicable

Shop 1 & 2/126 Molesworth Street
Lismore NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 92m2
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FREEHOLD - TOP END RETAIL

Currently 2 quality shops, but also easily converted back into one up-market venue. Currently returning a gross rental income of $23,400.00 per annum.
1st class location in the middle of the main street and a prominent front corner of a most popular arcade. Total floor area of 92.7m2. An investment or a property for future opportunities for an owner/operator. It is only the freehold (strata) for sale.

Property Details for Shop 1 & 2/126 Molesworth St, Lismore

Building Type
Commercial
Floor Size
92m2

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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 2,759 properties. Over the last 5 years, Houses in Lismore have seen a 23.94% increase in median value, while Units have seen a 47.29% increase. As at 31 July 2024:

  • The median value for Houses in Lismore is $406,737 while the median value for Units is $421,708.
  • Houses have a median rent of $520 while Units have a median rent of $370.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Lismore on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Lismore.

Suburb Insights for Lismore 2480

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Contact agent
Malin Ross
Show contact details
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.