Exceptional Grain Storage Facility (Lismore, Vic) with Income

109 HIGH STREET, Lismore, 3324

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Contact for PriceFor Sale
  • Ownership Type Other
  • Property Area 98,300 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

• Premium Agricultural asset with consistent income
• Ideal location and access to multiple markets
• 36,000mt storage capacity under roof
• Reliable production region
• 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
[email protected]

Rural Sales Executive,
Platinum Rural Portfolio RLA:62833

Location on Google Map

109 HIGH STREET, Lismore, 3324

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