Back 23 Zambelli Drive
Off Market

23 Zambelli Drive

East Lismore NSW 2480

7
7
7
1619 m²
Block of units
Robert MeninRobert Menin, last sold this property on 08 September 2025 after 59 days on market.

Overview

Rare Multi-Unit Investment Opportunity in Prime East Lismore

Unlock the potential of this investment property in the heart of East Lismore. Comprising seven self-contained one-bedroom units, this purpose-built complex at 23-25 Zambelli Drive is a rare find in an established residential pocket known for strong tenant demand and proximity to key local amenities. Positioned in a flood-free location, the property offers peace of mind and long-term investment security-an increasingly important consideration in the Northern Rivers region. Each unit features: Open-plan living and dining areas Well-appointed kitchens Generously sized bedrooms Private bathrooms Off-street parking Situated on a substantial 1619sqm, level block, the property offers low-maintenance grounds and the opportunity to increase returns through strategic updates or future development (STCA). Currently returning $205 per unit per week, this investment provides solid holding income with room to grow. Just minutes from Southern Cross University, schools, shops, hospitals, and public transport, this is a blue-chip addition to any portfolio-perfect for seasoned investors or SMSFs seeking consistent cash flow in a growth corridor. Key Highlights: 7 x 1-bedroom units on one title Flood-free location Strong rental history and high occupancy Excellent proximity to university, hospital & CBD Zoned R3 Medium Density Residential Opportunities like this don't last long in East Lismore-contact us today to arrange a private inspection or request an Information Memorandum. DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Features

7 bedrooms
7 bathrooms
7 carspaces
1619 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in East Lismore over the last 12 months.

Property history for 23 Zambelli Drive

2025
Sold
Undisclosed
Private Sale/Treaty on 08 Sep 2025 by Robert Menin, of Patch & Taylor Real Estate Pty Ltd T/As Lifestyle Lismore

Happy sellers in East Lismore

60%
60% of sellers in East Lismore reported that their sale price either exceeded or met their price expectations.

East Lismore stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in East Lismore over the last 12 months.

Local market activity for 7 bedroom block of units in East Lismore

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