Back 183 Union Street
Off Market

183 Union Street

South Lismore NSW 2480

3
1
3
382 m²
658 m²
House
Last sold for $565,000
Katrina BeohmKatrina Beohm, last sold this property on 16 October 2025 after 181 days on market.

Overview

Prime Investment Opportunity in a High-Exposure Location!

Positioned on a prominent corner block with exceptional visibility on a bustling main road, this impressive high-yield investment offers a versatile mix of commercial and residential spaces. With the entire site currently tenanted by a reliable commercial operator, this is a rare opportunity that delivers immediate returns and long-term growth potential. COMMERCIAL: + The ground floor boasts a spacious, open-plan retail or commercial space, complete with a powerful industrial-size air conditioner for year-round comfort, two restrooms for staff and customers and rear roller door access for stock deliveries + Outside, you'll find a triple-bay carport, a wide concreted driveway for large delivery vehicles and a sheltered main entry welcoming clients to the shopfront + Upstairs offers an expansive and light-filled office area, featuring a dedicated storage room, private powder room, ceiling fans and split-system air-conditioning - making it an ideal space for administration or business meetings RESIDENCE: + A separate, three-bedroom residence with its own private access via an external staircase, presenting a future opportunity to rent the commercial and residential areas independently for dual income streams + The home features bright and airy open-plan living and dining zones, which capture natural light from its desirable northern aspect and fitted with ceiling fans for added comfort + The functional kitchen is equipped with modern electric appliances, offering a contemporary space for everyday cooking + All three bedrooms are generously sized and include built-in wardrobes, ceiling fans and air-conditioning + Both levels have separate electrical metre readers + The three-way bathroom includes a separate bath and a shower, while the internal laundry provides additional storage + A 5kW solar system helps reduce power bills and two sub meters make it easy to track electricity use for the home and business separately This property offers a compelling investment in a convenient and high-demand location — just a five-minute drive from Lismore CBD, it is also close to local amenities and public transport. Whether you’re looking to expand your portfolio or secure a mixed-use space with strong rental returns, this unique dual-use property is a must-see.

Features

3 bedrooms
1 bathroom
3 carspaces
3 garage spaces
382 m² floor area
658 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in South Lismore over the last 12 months, the estimated median property value of 183 Union Street is $420k.

Median value
$420k
Estimated value range
$50k - $565k
Median days on market
67
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Lismore. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 183 Union Street

2025
Sold
$565,000
Private Sale/Treaty on 16 Oct 2025 by Katrina Beohm, of Katrina Beohm Real Estate

Happy sellers in South Lismore

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We have insufficient information to provide an overview of customer satisfaction for South Lismore. Viewing the agent profiles, reviews and sales for South Lismore can provide insights for this location.

Local market activity for 3 bedroom houses in South Lismore

In the last 12 months, 24 three-bedroom houses similar to 183 Union Street, have been sold.

This represents a 19% decrease in three-bedroom houses sales when compared to the previous 12 months.

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