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Sold on 09 Dec 2024 - Price Unavailable

95 River Street
Ballina NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 63m2
Land area: 1012m2
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Property Details for 95 River St, Ballina

Building Type
Commercial
Floor Size
63m2
Land Size
1012m2
Local Government
Ballina
Lot/Plan
19/DP165056

Last Listing description (December 2024)

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

This is a rare generational opportunity to acquire one of the most significant properties in Ballina's C.B.D. For further details or to arrange an inspection, please contact Michael or Dean at LJ Hooker Ballina.

Property History for 95 River St, Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
09 Dec 2024
Listed for Rent
$483/w
15 Jun 2011
  • 09 Dec 2024
    Sold
  • 15 Jul 2024
    Listed for Sale Sold
  • 04 Jun 2011
    Listed for Rent $25,200 / year
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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 6,867 properties. Over the last 5 years, Houses in Ballina have seen a 50.45% increase in median value, while Units have seen a 36.46% increase. As at 30 November 2024:

  • The median value for Houses in Ballina is $902,530 while the median value for Units is $669,108.
  • Houses have a median rent of $700 while Units have a median rent of $510.
There are currently 34 properties listed for sale, and 24 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Ballina.

Suburb Insights for Ballina 2478

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LJ Hooker Ballina
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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.