11 Piper DriveBallina NSW 2478
Property Details for 11 Piper Dr, Ballina
Last Listing description (October 2024)
Auction Location: Lennox Head Cultural Centre
Rare large, single freestanding shed strategically located in Ballina's premier industrial estate. Concrete tilt-up construction, high clearance with 4.5m high roller doors. Current tenant has a 5-year lease plus 5 year option.
Land area: 1,308m2
Building area: 737m2 approx.
Current lease: 1.9.2020 31.8.2025
Option: 5 Years
Current rent: $84,133 + GST p.a. (September 2023)
Outgoings: Tenant pays Council Rates, water/sewer charges and building insurance
Landlord pays fire inspection ($1,500 approx. per annum).
What an opportunity. Here's your chance to purchase a superb industrial property right in the heart of Ballina's Airport Industrial Estate, close to the Harvey Norman Homemaker Centre and other national and local businesses.
Property History for 11 Piper Dr, Ballina, NSW 2478
- 04 Jul 2024Sold for $2,100,000
- 04 Jun 2024Listed for Sale Sold
- 03 Sep 2020Listed for Sale Not Disclosed
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0About 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 6,869 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.
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