175 Ballina Road, East Lismore NSW 2480

Yes, an amazing opportunity to purchase a property that can be positively geared (fully occupied right now) plus you also have a council DA to split the block in two with access approved from Ballina Road. Rentals from the six bedrooms bring in almost $1000 per week and are sought out for the location. Just a couple of blocks from Lismore Square shopping centre and within 1 kilometre of both the Lismore Base Hospital and St Vincent?s Private Hospital and on to the University and main shopping block, tenants can even walk to most points. The land at the rear has been subdivided so can be sold separately. Each of the rooms has its own electricity, fridge and locked cupboard. A cleaner comes to take care of all the common area and shared bathroom, a gardener keeps the lawns mown. The keying system has three levels and a property manager takes care of all the rental details for you. The current owner wants to upgrade his own residence so must sadly pass on this great investment. Call Carol for more details today.