109 High StreetLismore VIC 3324
Property Details for 109 High St, Lismore
Last Listing description (May 2021)
Premium Agricultural asset with consistent income
Ideal location and access to multiple markets
36,000mt storage capacity under roof
Tenancy to Riordan Grain (5 + 5 years)
Leased at $300k p.a. + outgoings + GST
Planning Permit for further infrastructure and expansion
May be utilised for other products and services
Gateway to the western districts
An extraordinary opportunity to acquire a premium asset in its class, in an ideal location. The asset's income is secured with a quality tenant and offers the purchaser a strong initial yield. Opportunity for expansion also exists and can provide even greater returns from utilising the area with lower capital cost storage or food value adding projects.
For the Information Memorandum, inspections or further information please contact
Adam Chilcott
0447 710 484
adam.chilcott@elders.com.au
Rural Sales Executive,
Platinum Rural Portfolio RLA:62833
Property History for 109 High St, Lismore, VIC 3324
- 21 May 2021Sold for $4,200,000
- 08 Jun 2019Listed for Sale Contact Adam Chilcott
- 29 Aug 1984Sold for $17,000
Recent sales nearby
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About Lismore 3324
The size of Lismore is approximately 246.7 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Lismore in 2016 was 420 people. By 2021 the population was 472 showing a population growth of 12.4% in the area during that time. The predominant age group in Lismore is 60-69 years. Households in Lismore are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Lismore work in a managers occupation.In 2021, 71.10% of the homes in Lismore were owner-occupied compared with 76.20% in 2016.
Lismore has 439 properties. Over the last 5 years, Houses in Lismore have seen a 20.55% increase in median value, while Units have seen a -6.48% decrease. As at 31 January 2026:
- The median value for Houses in Lismore is $292,376 while the median value for Units is $333,892.
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