134 Union St, South Lismore is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 422m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Situated high on the corner and commanding high visibility is this partly renovated opportunity.
Primly situated in the thriving light industrial hub of South Lismore, This property features three large bedrooms, a huge enclosed veranda, air conditioning throughout, freshly painted walls and new carpet. The kitchen is in great original condition and features electric appliances. The original bathroom is extremely spacious making endless possibilities for a renovation. This spacious property represents extremely great value for money for the astute investor with a current rental return of $350 per week offering a yield of over 6%!! much better than money in the bank.
Only walking distance to the CBD and across the road from the famous Skimmos corner shop makes this home a prime location for convenience. This home represents excellent first home opportunity or great commercial sense for the astute investor. Call today to book your inspection.
The size of South Lismore is approximately 8.6 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of South Lismore in 2011 was 1,901 people. By 2016 the population was 1,869 showing a population decline of 1.7% in the area during that time. The predominant age group in South Lismore is 10-19 years. Households in South Lismore are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Lismore work in a labourer occupation. In 2011, 65% of the homes in South Lismore were owner-occupied compared with 63.5% in 2016.
South Lismore has 1,245 properties. Over the last 5 years, Houses in South Lismore have seen a 21.00% increase in median value, while Units have seen a 49.29% increase. As at 31 October 2024:
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