Auction Location: Lennox Head Cultural Centre
Superb single tenancy investment in Ballina's CBD. Securely leased to a well known engineering, town planning and surveying business who are on a 5 year lease paying a gross rent of $123,825 + GST per annum.
395m2 approx, air conditioned office space with car parking and lane access at the rear. Land area is 741m2.
Can be purchased individually or as part of an overall larger site covering no.s 45-53 River Street, Ballina.
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 6,958 properties. Over the last 5 years, Houses in Ballina have seen a 19.34% increase in median value, while Units have seen a 27.22% increase. As at 31 May 2026:
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