80 Cullen Street

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About this property

Positioned in the centre of one of Australia's most culturally distinctive and highly visited destinations, 80 Cullen Street, Nimbin presents a rare opportunity to secure a true landmark property in the Northern Rivers region. Set on a substantial 1,432m² block, the renowned "Oasis" building is a freestanding, two-storey commercial/residential asset with a commanding main street presence directly adjoining the town's primary carpark. This strategic location ensures constant foot traffic from both locals and the steady stream of national and international visitors drawn to Nimbin's unique heritage and alternative lifestyle culture. Nimbin rose to prominence following the 1973 Aquarius Festival, evolving into a globally recognised hub of creativity, sustainability, and community living. Today, it remains one of New South Wales' most visited inland destinations, attracting tourists travelling between Byron Bay and the spectacular hinterland. The property itself has a long-standing reputation as a central meeting place within thevillage. With over 20 years of near 100% occupancy across both retail and residential tenancies, it offers a proven and reliable income stream. The building comprises 10 rentable spaces, including residential accommodation on the upper level. Recently refurbished and with secure leases in place, this is a turnkey investment with immediate returns. At street level, the asset is anchored by three highly active and well-supported retail tenancies: Shokudo Japanese Restaurant & Takeaway a standout feature of the property and rapidly building a reputation as one of the Northern Rivers' premier dining destinations. Its popularity draws consistent local patronage and tourist traffic, significantly enhancing the overall value and appeal of the asset. Nimbin Café / Starbuds Coffee a well-established café serving as a daily hub for locals and visitors alike. The Hemp Club a growing retail presence focused on hemp-based wellness, clothing, and lifestyle products, aligned with Nimbin's ethos. The building, originally constructed circa 1920s, retains its charm while benefiting from thoughtful upgrades over time. Key features include a rare side driveway providing rear access, generous street setback allowing for covered outdoor seating, and flexible commercial spaces designed to accommodate hospitality and retail uses. A major value-add component lies at the rear of the property. The site includes a large converted lock-up shed with dual commercial spaces, along with expansive garden areas featuring established rainforest trees. Importantly, the property comes with an existing Development Approval (DA) for additional accommodationa highly valuable asset given current council restrictions, with no further approvals of this nature expected. While the DA would require an amendment, it will not expire, presenting a unique opportunity to expand into motel-style or boutique accommodation in a market where supply is extremely limited. With Nimbin's strong tourism draw and accommodation shortage, this offers significant upside potential for investors looking to capitalise on both commercial and hospitality sectors. Whether maintained as a high-performing multi-tenancy investment or developed further under the existing DA, this property delivers on all fronts: location, income, and future growth potential. Offered at $1,800,000 For further information, including financials and documentation, contact: John Wilcox 0428 200 288 or Samara Burcher 0429 80 288

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.