109 High StreetLismore VIC 3324
Property Details for 109 High St, Lismore
Last Listing description (May 2021)
Premium Agricultural asset with consistent income
Ideal location and access to multiple markets
36,000mt storage capacity under roof
Tenancy to Riordan Grain (5 + 5 years)
Leased at $300k p.a. + outgoings + GST
Planning Permit for further infrastructure and expansion
May be utilised for other products and services
Gateway to the western districts
An extraordinary opportunity to acquire a premium asset in its class, in an ideal location. The asset's income is secured with a quality tenant and offers the purchaser a strong initial yield. Opportunity for expansion also exists and can provide even greater returns from utilising the area with lower capital cost storage or food value adding projects.
For the Information Memorandum, inspections or further information please contact
Adam Chilcott
0447 710 484
adam.chilcott@elders.com.au
Rural Sales Executive,
Platinum Rural Portfolio RLA:62833
Property History for 109 High St, Lismore, VIC 3324
- 21 May 2021Sold for $4,200,000
- 08 Jun 2019Listed for Sale Contact Adam Chilcott
- 29 Aug 1984Sold for $17,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0About Lismore 3324
The size of Lismore is approximately 246.7 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Lismore in 2011 was 559 people. By 2016 the population was 409 showing a population decline of 26.8% in the area during that time. The predominant age group in Lismore is 50-59 years. Households in Lismore are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Lismore work in a managers occupation. In 2011, 78.8% of the homes in Lismore were owner-occupied compared with 76.2% in 2016.
Lismore has 435 properties. Over the last 5 years, Houses in Lismore have seen a 74.46% increase in median value. As at 31 July 2024:
- The median value for Houses in Lismore is $284,847 while the median value for Units is $470,695.
Suburb Insights for Lismore 3324
Market Insights
Lismore Trends for Houses
N/A
N/A
View TrendN/A
N/A
Lismore Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
