SOLD
Sold on 19 Sep 2024 for $1,250,000

186 Molesworth Street
Lismore NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: 17
Land area: 1442m2
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Property Details for 186 Molesworth St, Lismore

Building Type
Commercial
Land Size
1442m2
Local Government
Lismore
Lot/Plan
17A/7/DP758615

Last Listing description (November 2023)

North Coast Commercial Real Estate are pleased to present to market 186 Molesworth Street, Lismore - "Molesworth House".

This property is truly a timeless masterpiece. From the moment you arrive at the property you will be enchanted by the quality craftsmanship and architecture.

Built circa 1934 the property is currently coming to the completion of a major restoration and is tenanted by a number of professional and service businesses.
The property will provide a fully leased net income of approximately $150,000 per Annum (plus GST if applicable).
The land area is 1,442sqm* with a net lettable area of 656sqm* and has 17 on site car spaces plus an additional outbuilding.

Zoned B3 - Commercial Core
Land Area - 1,442sqm*
Net Lettable Area - 656sqm*
17 On Site Car Spaces

For more further details or an inspection contact Chris Harley on 0412 758 830

*Approximate

Property History for 186 Molesworth St, Lismore, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$1,250,000
19 Sep 2024
Listed for Rent
05 Nov 2005
  • 19 Sep 2024
    Sold for $1,250,000
  • 02 Nov 2023
    Listed for Sale $1,650,000
  • 06 Jul 2023
    Listed for Sale $1,600,000
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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 2,760 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 10 properties listed for rent in Lismore on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Lismore.

Suburb Insights for Lismore 2480

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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.