From Tragedy to Triumph- Development Potential East Lismore

171 Ballina Road, East Lismore, 2480

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449,000 AUDEst. Mortgage: AUD 3,155/monthFor Sale
  • Ownership Type House
  • Property Area 1,378 sqft
  • Bedrooms 3
  • Bathrooms 2
  • Furnished No
  • Last Updated 16th May, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Deck
  • Fully Fenced
  • Garage: 2
  • Secure Parking
  • Shed
  • Floorboards
  • Living Areas: 3

Property Overview

The house itself sits on a massive 1378m2 block, perfect for commercial development (STCA). in a convenient location which could be an investors dream. <br/>With almost 18 metre frontage to Ballina Road, access to the rear yard could be suitable for future expansion.<br/><br/>Not only has the existing property received full flood remediation, that comes with a lifetime mould guarantee and engineers report, it has 2 levels to capitalise on, and with it comes opportunity to develop the property further.<br/><br/>The upstairs is a clad 3 bedroom home with front sunroom, and hardwood timber floors. <br/>The 3 bedrooms, bathroom and kitchen floors are intact, however some creative renovating is required for the loungeroom. <br/>Upstairs has verandas on both the front and rear for taking in the sunshine.<br/><br/>Downstairs comes with a full suite of 5 bricked rooms with separate entry to front and rear. <br/>There is two bathroom areas and one kitchen area ready for remodelling making it ideal for a business and the property is zoned for home occupation.<br/>Has operated previously as a 4 x 2 bedroom flat, so space is aplenty.<br/><br/>Features include:<br/>* Hardwood timber frames<br/>* Three garage entries<br/>* Two bay lock up shed<br/>* @ 18 meter frontage x 80 meter depth<br/>* Development potential for more accommodation (STCA)<br/>* Access to fully fenced rear yard<br/>* Close to CBD, sporting fields, schools, medical<br/><br/>Once developed this property could earn a highly beneficial rental income.<br/>Tradies, investors and developers could really snag a chunk of the residential market.<br/><br/>If you would like further information don't hesitate to call Jillian Challinor on 0419211661<br/>

Location on Google Map

171 Ballina Road, East Lismore, 2480

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