Set in an elevated, flood-free cul-de-sac just minutes from the CBD, hospital and university, this substantial landholding presents a rare chance to secure a high-performing investment with outstanding redevelopment potential. With strong demand driven by education, health and employment sectors, this property is strategically positioned for long-term growth.
+ Constructed in 1991 across two levels, comprising eight five-bedroom apartments with previously approved strata subdivision
+ Each apartment features a kitchen, bathroom with laundry facilities, and a balcony opening from living area
+ Northerly rear aspect overlooking established bushland, creating a desirable setting for tenants
+ Off-street parking available for multiple vehicles, adding to rental appeal
+ Rooftop solar system to assist with operational efficiency
+ Enormous redevelopment potential — explore options for student accommodation, health worker housing, or multi-residential development (STCA)
+ Exceptionally rare landholding just 1 km to Lismore Base Hospital, 2 km to Southern Cross University, and 3 km to Lismore CBD
+ Strategic regional position: 30 minutes to Ballina, 35 minutes to Ballina Byron Gateway Airport, 45 minutes to Byron Bay, 1.25 hours to the Gold Coast
A large-scale investment of this calibre, so close to Northern Rivers’ key education and health hubs, is exceptionally rare. With secure holding income, strata approval and significant scope for redevelopment, this property represents an outstanding opportunity for the astute investor or developer.
