54 Magellan StreetLismore NSW 2480
Property Details for 54 Magellan St, Lismore
Last Listing description (October 2020)
- Long established business operating in same location for over 35 years with current owner being there for 11 years.
- In CBD of Lismore with excellent exposure
- T/O approx $6,500 per week
- Current trading hours
Monday to Wednesday 9:00am to 6:00pm
Thursday & Friday 9:00am to 7:00pm
Saturday 9:00am to 4:00pm
Sunday 11:00am to 4:00pm with opportunity to extend hours if desired.
- Seating Capacity: 30 indoors and 14 plus outdoors
- Secure undercover rear parking + 2nd car park in lane
- Well equipped
- Grease trap at rear of building
- Contact us today for further information
If interested in buying business freehold then please ask. On offering is this two storey building with the business on the ground floor and a large two (2) bedroom flat with separate access over the shop. The flat is currently receiving good rent.
Contact Clint McCarthy 0423 727 648.
Property History for 54 Magellan St, Lismore, NSW 2480
- 15 Oct 2018Listed for Sale $199,000 + S.A.V
- 20 Jun 2018Listed for Sale $199,000 + S.A.V
- 13 Mar 2018Listed for Sale $199,000 + S.A.V
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0About 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 2,763 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.
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