138 Molesworth StreetLismore NSW 2480
Property Details for 138 Molesworth St, Lismore
Last Listing description (February 2025)
North Coast Commercial Real Estate is pleased to present to market,138 Molesworth Street, Lismore.
This is an ideal investment for someone seeking a secure, high return.
Current long term lease through to Feb 2028 + 2 x 3 year options offering a net rent of $72625 + GST per year.
Nestled in the heart of Lismore, 138 Molesworth Street presents an exceptional opportunity for savvy investors seeking reliable income streams. At the forefront of its appeal is the property's return on investment, boasting a strong net income coupled with a long-term tenant. This investment promises consistent cash flow, providing financial stability and peace of mind for years to come.
• Annual net rent $72625 + GST & outgoings
• Current lease ends 29/02/28 with 2 x 3 year options
• Zoned E2 Commercial centre
• Net lettable area 422sqm*
With a price of $750,000, this property presents a great opportunity for investors.
For more further details or an inspection contact Chris Harley on 0412 758 830 or Miro Bradford on 0401 373 033
Property History for 138 Molesworth St, Lismore, NSW 2480
- 10 Dec 2024Listed for Sale $750000
- 10 Dec 2024Sold for $725,000
- 17 Aug 2023Listed for Sale Expressions of Interest
Recent sales nearby
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0About Lismore 2480
The size of Lismore is approximately 3.9 square kilometres. There are 17 parks, covering nearly 17.1% of the total area. The population of Lismore in 2016 was 3579 people. By 2021 the population was 3656 showing a population growth of 2.2% in the area during that time. The predominant age group in Lismore is 30-39 years. Households in Lismore are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lismore work in a professional occupation.In 2021, 49.00% of the homes in Lismore were owner-occupied compared with 49.20% in 2016.
Lismore has 2,764 properties. Over the last 5 years, Houses in Lismore have seen a 13.66% increase in median value, while Units have seen a 53.51% increase. As at 31 July 2026:
- The median value for Houses in Lismore is $531,625 while the median value for Units is $514,961.
- Houses have a median rent of $585 while Units have a median rent of $420.
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