16-22 Cherry StreetBallina NSW 2478
Property Details for 16-22 Cherry St, Ballina
Last Listing description (November 2025)
Secure your position in one of Ballina's most convenient and high-exposure locations with this established commercial investment opportunity. Set on a 400m² block, the property comprises four tenanted retail shops, with ongoing leases.
Positioned on busy Cherry Street, the property benefits from excellent foot traffic and strong passing trade along with plentiful street parking on both Cherry Street and Tamar Street.
Surrounded by established businesses, cafés, and health and essential services, this address offers both visibility and convenience in a thriving coastal town. With consistent tenancy and a premium central location, 16–22 Cherry Street represents a smart commercial investment in the heart of Ballina's business hub.
Shared by the four units are 5 car spaces and two bathrooms. There is plentiful public parking on both Cherry St and adjoining Tamar St.
Key Features:
• Four leased commercial tenancies with outgoings paid
• 400m² land area with excellent street frontage
• 234m² approximate internal area
• High exposure and strong passing trade
• Prime Cherry Street position, part of the main shopping precinct
Please contact Luke and Christine today for further details on leases, returns and to arrange your viewing.
Council Rates: $5,232.36 pa
Property History for 16-22 Cherry St, Ballina, NSW 2478
- 13 Nov 2025Sold for $1,275,000
- 24 Nov 2014Listed for Rent - Price not available
- 15 Oct 1994Sold for $405,000
Recent sales nearby
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0About 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 6,955 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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