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109 HIGH STREET

Lismore, VIC 3324, Australia
0 bed 0 bath 0 car

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Area Price Guide
$1.69m$1.91m

Indicative price guide range

🏘️
12
Comparable
📊
$185,000
Area median
⚖️
+873%
vs median
🗓️
2 days ago
Listed

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

• 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 adam.chilcott@elders.com.au Rural Sales Executive, Platinum Rural Portfolio RLA:62833

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    Neighbourhood Insights

    🏫
    1
    Schools
    Nearest 488m
    🌳
    4
    Parks
    Nearest 553m
    🛍️
    1
    Shops & dining
    Nearest 821m
    Nearby amenities from OpenStreetMap, within ~2km of this property

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