183 Union StreetSouth Lismore NSW 2480
Property Details for 183 Union St, South Lismore
183 Union St, South Lismore is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 658m2 and floor size of 382m2.This Property is currently listed for sale with Raine & Horne - Ballina
Last Listing description (October 2025)
Positioned on a prominent corner block with exceptional visibility on a bustling main road, this impressive high-yield investment offers a versatile mix of commercial and residential spaces. With the entire site currently tenanted by a reliable commercial operator, this is a rare opportunity that delivers immediate returns and long-term growth potential.
COMMERCIAL:
+ The ground floor boasts a spacious, open-plan retail or commercial space, complete with a powerful industrial-size air conditioner for year-round comfort, two restrooms for staff and customers and rear roller door access for stock deliveries
+ Upstairs offers an expansive and light-filled office area, featuring a dedicated storage room, private powder room, ceiling fans and split-system air-conditioning - making it an ideal space for administration or business meetings
RESIDENCE:
+ A separate, three-bedroom residence with its own private access via an external staircase, presenting a future opportunity to rent the commercial and residential areas independently for dual income streams
+ The home features bright and airy open-plan living and dining zones, which capture natural light from its desirable northern aspect and fitted with ceiling fans for added comfort
+ The functional kitchen is equipped with modern electric appliances, offering a contemporary space for everyday cooking
+ All three bedrooms are generously sized and include built-in wardrobes, ceiling fans and air-conditioning
+ Both levels have separate electrical metre readers
+ The three-way bathroom includes a separate bath and a shower, while the internal laundry provides additional storage
+ A 5kW solar system helps reduce power bills and two sub meters make it easy to track electricity use for the home and business separately
This property offers a compelling investment in a convenient and high-demand location — just a five-minute drive from Lismore CBD, it is also close to local amenities and public transport. Whether you’re looking to expand your portfolio or secure a mixed-use space with strong rental returns, this unique dual-use property is a must-see.
Property History for 183 Union St, South Lismore, NSW 2480
- 25 Jun 2026Listed for Rent $520 / week
- 10 Jun 2026Listed for Sale For Sale - $565,000
- 17 Oct 2025Sold for $565,000
Recent sales nearby
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About South Lismore 2480
The size of South Lismore is approximately 8.6 square kilometres. There are 3 parks, covering nearly 3.5% of the total area. The population of South Lismore in 2016 was 1879 people. By 2021 the population was 1775 showing a population decline of 5.5% in the area during that time. The predominant age group in South Lismore is 50-59 years. Households in South Lismore are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Lismore work in a community and personal service occupation.In 2021, 66.20% of the homes in South Lismore were owner-occupied compared with 63.50% in 2016.
South Lismore has 1,244 properties. Over the last 5 years, Houses in South Lismore have seen a 14.55% increase in median value, while Units have seen a 54.36% increase. As at 31 August 2026:
- The median value for Houses in South Lismore is $500,798 while the median value for Units is $523,608.
- Houses have a median rent of $530 while Units have a median rent of $350.
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