32-34 Gumtree Drive, Goonellabah, NSW 2480

32-34 Gumtree Drive, Goonellabah, NSW 2480
Residential Property with income from attached Commercial tenants

Phone enquiries - please call 1300 594 794 and quote property ID 34486.

Discover an excellent investment opportunity in the beautiful NSW Northern Rivers region. This architect-designed complex, known as the "Goonellabah Business Centre," offers a mix of commercial and residential units with strong income potential and long-term tenants. Located in flood-free Goonellabah, adjacent to the Bruxner Highway, this property provides easy access to Ballina, Byron Bay, Lismore, and Casino.

As an owner/manager you could live in an apartment at 1st Floor level, which is a four bedroom, plus study and two bathrooms, A separate one-bedroom residential suite at ground level as a granny flat, or separate rental income opportunity. The main bedroom and living area is now air-conditioned.

With an asking price of $2,495,000.00 if the residential portion was valued at $995,000.00 - The Commercial units then say $1,500,000.00 would provide an income of approximately $105,000.00 or 7%. This could be increase by renting the "Granny Flat" which has separate facilities to the main residence.

Property Highlights:

* Commercial Units: 6 commercial units with long-term tenants including a sporting association, chiropractor, clinical psychologist, pediatrician, & personal fitness.

Residential Units:

* A spacious 4/5 bedroom residence with the option to live in or rent out.

* A currently tenanted 1-bedroom residential unit on the ground floor.

Features:

* Solid Construction: Cavity brick with zinc alum insulated roof and stainless-steel box gutters.

* Modern Amenities: All units are air-conditioned with carpeted floors.

* Parking: Ample off-street parking for tenants and street parking for visitors.

* Potential for Growth: Opportunities for further refurbishment to create additional commercial suites.

Residential Details: - Main Residence (Suite 8):

* Four bedrooms (all with built-in robes) plus a study or fifth bedroom.

* Air-conditioned Master bedroom with ensuite, walk-in robes, and a separate study/sewing annexe.

* Modern kitchen with Tasmanian Oak cupboards, pantry, and dishwasher.

* Air-conditioned spacious lounge/living area opening to an enclosed veranda/sunroom.

* An enclosed games room ( a fibreglass swimming pool, now covered but easily restored back to a pool by removing the deck.)

* Lock-up garage, carport, tool room, wash tub, and toilet at ground level.

* Easily convertible to professional consulting rooms or service offices.

* One-bedroom unit (Suite 7):

* Large lounge and separate kitchen dining area.

Location:

* Situated in a growing residential and satellite commercial area on the Alstonville Plateau.

* Enjoy views of the border ranges and cooling afternoon sea breezes.

* Just 2.5 hours' drive to Brisbane CBD or International Airport, 30 minutes to Ballina and Surf, and 45 minutes to Byron Bay.

* Rich volcanic soils support productive macadamia, avocado, banana farms, and emerging fruit orchards and coffee plantations.

* Nearby Lismore offers excellent education, health facilities, and vibrant sporting and cultural activities.

Sale Details:

* The complex is being sold as a FREEHOLD going concern and is GST-free.

* Enquiries are invited for this unique investment opportunity.

* Secure a solid investment with diverse income streams and significant growth potential in the thriving Northern Rivers region.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.