76 Crown St, South Lismore is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 673m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
So here's why I'm excited about this fantastic property:
The block is a huge 673, it's in two lots (that's right, TWO LOTS) and it's zoned general industrial with a residence as well that is spacious and comfortable, albeit a basic worker's cottage.
Sitting up high above the flood line, there's room for dry storage underneath and space for a car. The plumbing has been redone including sewer drainage. There's a gorgeous bathroom, a big kitchen, two bedrooms, huge living room and study.
With interest rates so low this has to be a no-brainer for investors with great rent potential and opportunity to build and create more income or value add to flip for profit, the opportunities are fantastic.
Inspections are by appointment so contact Brett McDonald on 0400 351 311 to arrange yours ASAP.
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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