111 Tamar StreetBallina NSW 2478
Property Details for 111 Tamar St, Ballina
Last Listing description (October 2020)
With a frontage to Tamar Street this property is on a 670m2 block of land zoned B3 commercial core and benefits from a rear lane access.
The existing house has a residential lease at $420/week and could be converted to professional office space or re-developed subject to council approval.
With high ceilings, polished timber floorboards and a modern kitchen, the house is in great condition and rents well without any work needed.
Set just 1 block from the Richmond River in the heart of the CBD the location is excellent.
• 670m2 block zoned B3 Commercial Core
• Rear lane access making it easy to accommodate parking
• 3 bedroom house currently let at $420/week
• Large shed with plumbing makes an ideal workshop or storage area
• The shed is separately metered so could be used or let individually
• Great opportunity to own your own freehold business premises
Property History for 111 Tamar St, Ballina, NSW 2478
- 19 Sep 2020Sold for $745,000
- 24 Aug 2020Listed for Sale Auction (Guide $680,000 - $720,000)
- 20 Jun 2017Listed for Rent - Price not available
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About Ballina 2478
The size of Ballina is approximately 21.5 square kilometres. There are 21 parks, covering nearly 29.4% of the total area. The population of Ballina in 2016 was 8655 people. By 2021 the population was 9735 showing a population growth of 12.5% in the area during that time. The predominant age group in Ballina is 70-79 years. Households in Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballina work in a professional occupation.In 2021, 53.20% of the homes in Ballina were owner-occupied compared with 51.30% in 2016.
Ballina has 6,950 properties. Over the last 5 years, Houses in Ballina have seen a 13.06% increase in median value, while Units have seen a 14.35% increase. As at 31 August 2026:
- The median value for Houses in Ballina is $993,064 while the median value for Units is $760,302.
- Houses have a median rent of $795 while Units have a median rent of $620.
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