SOLD
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Sold on 07 Aug 2024 for $828,000

145 Military Road
East Lismore NSW 2480

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 827m2
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Property Details for 145 Military Rd, East Lismore

145 Military Rd, East Lismore is a 6 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 827m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom BlockOfUnits sold in East Lismore in the last 12 months.

Building Type
BlockOfUnits
Land Size
827m2
Local Government
Lismore
Lot/Plan
37/DP578584

Last Listing description (August 2024)

Presenting a block of four brick and tile units situated close to Southern Cross University, local high schools, childcare facilities, St Vincent's Private Hospital, East Lismore Bowling Club, public transport and local popular Wade Park. This investment offers the ideal balance of accessibility and amenities while providing positive rental returns with all units currently tenanted.

Unit features:
• Brick and tile construction

• Two 1-bedroom Units and Two 2-bedroom units
• Built-in robes and carpet floors in all bedrooms
• Tiled bathrooms with vanity, shower and toilet
• Tidy kitchens with electric cooking
• Four-bay covered carport
• Each unit includes either a private balcony or entrance patio
• Two shared laundries onsite
• Income potential of $73,580 per annum

Don't miss out on this opportunity to invest in the East Lismore community! Contact us today for more information and to schedule your viewing.

The ground floor of the property experienced approximately 15 centimetres of flooding during the 2022 February flood event. This property has not been affected by floodwaters prior.

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

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Property History for 145 Military Rd, East Lismore, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$828,000
07 Aug 2024
Listed for Rent
$240/w
23 Jun 2011
  • 07 Aug 2024
    Sold for $828,000
  • 27 Apr 2024
    Sold
  • 27 Mar 2024
    Listed for Sale $895,000
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About East Lismore 2480

The size of East Lismore is approximately 6.4 square kilometres. It has 8 parks covering nearly 15.2% of total area. The population of East Lismore in 2011 was 4,987 people. By 2016 the population was 4,967 showing a population decline of 0.4% in the area during that time. The predominant age group in East Lismore is 20-29 years. Households in East Lismore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in East Lismore work in a professional occupation. In 2011, 59.8% of the homes in East Lismore were owner-occupied compared with 56.6% in 2016.

East Lismore has 2,542 properties. Over the last 5 years, Houses in East Lismore have seen a 42.36% increase in median value, while Units have seen a 53.84% increase. As at 31 October 2024:

  • The median value for Houses in East Lismore is $498,528 while the median value for Units is $437,903.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 47 properties listed for sale, and 7 properties listed for rent in East lismore on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in East lismore.

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Josh Cacciola
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Elders Real Estate Lismore
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