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  • 70 Conway Street, LISMORE, NSW 2480

70 Conway Street, Lismore, NSW 2480

  • 4 Bed
  • 4 Bath
  • 8garages

Auction

AUCTION

Brilliant Returns - Dual Income Property

What a cracker of property for investment benefit. This landmark commercial property is located in a premium position in Lismore's busy CBD, on Conway Street, surrounded by essential services, Aldi supermarket, takeaway food and is on the main road access between East Lismore and the CBD. All of those factors add up to an excellent volume of passing traffic making this one of the best positions in town for your new business or investment opportunity. Zoned B3 Commercial Core and sitting on approx. 553sqm and approx 12.19m frontage, the site is well known for its much loved, long life as Steve's Cake Shop. A successful food business has operated here for many years and has all the makings for you to come and finish off the awesome space as a restaurant, commercial kitchen or showroom, just as you want it. Featuring a huge ground floor solid brick building with high ceilings offering approximately 90sqm plus two toilets and laundry. Theres a further shedding area of approximately 43sqm and driveway access off Conway Street. There is also a super-convenient access to the rear of the property from Dawson Street granted through a neighbouring property. Upstairs is the original home, fully renovated since the 2022 floods. The home offers 4 bedrooms plus study/storage, 2 bathrooms, huge kitchen and two living areas. Rent out each level separately or live in and run your business downstairs. Inspections are by appointment so contact Brett McDonald on 0421 606 422 and come and see this fantastic opportunity for yourself. DISCLAIMER: In preparing this document, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

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avatar Brett McDonald
Brett McDonald
Director | Principal | Sales Manager
avatar Mitchell Smith
Mitchell Smith
Licensed Real Estate Agent

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Auction:
R&H
Saturday 10 August at 10:30AM
Property Info:
  • Property ID: L22200033
  • Property Type:Unit
  • Building / Floor Area:258 sqm
  • Garages:2
  • Carports:2
  • Open Parking:4
  • Land Area:553 sqm
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R&H Suburb Profile: Lismore
R&H Suburb SummaryHouses
Number of sales140
Average Price$489,895
Median Price$521,000
Median Rental Price$520 p.w.
Change in Rental Rate (5yr)30 %
R&H Suburb SummaryUnits
Number of sales12
Average Price$286,917
Median Price$280,000
Median Rental Price$380 p.w.
Change in Rental Rate (5yr)43 %
Median Trend - $521,000
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