



North Coast Commercial Real Estate is pleased to present to market 65 Magellan Street Lismore. This is a standout versatile mixed-use investment, comprising four 2-bedroom residential units upstairs and two commercial shops at ground level. Returning approximately $100,000 net per annum, the property provides a diversified income stream across five separate tenancies, offering investors a compelling combination of residential and commercial income. Lismore remains the commercial and services hub of the Northern Rivers, supported by a broad regional catchment and established retail, business, education and health sectors. With ongoing investment and recovery across the region, Lismore continues to present opportunities for investors seeking value and long-term growth. Key features include: • Net Income $100,000 p.a.* • Four x 2-bedroom residential units • Two ground-floor commercial shops (currently leased to a single tenant) • Five separate income-producing tenancies • Diversified residential and commercial income The combination of residential and commercial accommodation provides a well-diversified investment profile, while the multiple tenancies help spread leasing risk and provide a strong underlying income stream. An excellent opportunity to secure a substantial mixed-use asset with strong cash flow and genuine diversification. Contact Chris Harley 0412 758 830 Miro Bradford 0401 373 033 *Approximate
Email enquiry to North Coast Commercial Real Estate - Lismore
Property ID: 505248648
Original Property ID: 505248648