Auction Location: Lennox Head Cultural Centre
Rare, River Street, CBD investment opportunity. Long term tenant Dolphin Office Choice has a 2 year lease and is paying $84,244.80 + GST per year.
The building is 262m2 approx in area and sits on a block size of 296m2.
Can be purchased individually or as part of an overall future development site comprising 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 6,950 properties. Over the last 5 years, Houses in Ballina have seen a 14.32% increase in median value, while Units have seen a 13.44% increase. As at 31 July 2026:
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