2/44 Newbridge St, South Lismore is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 2287m2.
This low set weatherboard home has been configured into two - two bedroom units and is perfect for the entry level investor and renovators alike. The units are separately metered for electricity and currently tenanted by long term tenants on continuing leases returning a combined gross weekly rent of $370. The units have original kitchens and bathrooms, lounge and sunrooms. The avid renovator could restore this home to its former glory, full of character and period features. The dwelling sits on a large, level 2295 square metre allotment which borders Hollingsworth Creek and has the added bonus of side access. There's plenty of space for shedding and it's just a short drive to Lismore CBD. The affordability of this property will attract plenty of interest, so don't miss this opportunity.
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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