2/115a Laurel Ave, Lismore is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1384m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in November 2003.
Renovated 2-bedroom highset unit in convenient location. Walk to base hospital, Lismore square and city centre. Yes, the property was affected by the 2022 February flood event. The property has been renovated throughout, new kitchen, new appliances, vinyl and carpet floor coverings and fresh paint. Open plan living area with air-conditioning, both bedrooms have built in robes. Neat bathroom. East facing timber patio. Downstairs is the laundry with heaps of storage/ utility space and lock-up garage.
Present tenant paying $400 per week, with a gross return at 7.7% p.a. Can be purchased with vacant possession or keep existing tenant.
Phone Gerald on 0408 666 899 for your inspection.
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 32.52% increase in median value, while Units have seen a 58.17% increase. As at 31 October 2024:
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