50-52 Magellan Street, Lismore, NSW 2480

Retail
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Published on: 14 Jul 2025
Last updated on: 28 Jul 2025
50-52 Magellan Street, Lismore, NSW 2480
50-52 Magellan Street, Lismore, NSW 2480
50-52 Magellan Street, Lismore, NSW 2480
+8
50-52 Magellan Street, Lismore, NSW 2480
  • 8
Property ID: 504908256
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Key property information

Land Size
227.00 m2
Floor Area
250.00 m2
Tenure Type
tenanted

Affordable 100% Leased CBD Freehold

50-52 Magellan Street, Lismore, NSW 2480
Burgess Rawson from CBRE is pleased to offer to the market 50-52 Magellan Street, Lismore NSW for sale via our Investment Portfolio Auction 178.

This opportunity has the following key investment highlights:

+ Affordable fully leased freehold investment, sub $500k price point with 8.5% yield anticipated
+ Leases up to 2034 including option 
+ Fixed annual increases of 3% and 3.5%, supporting compounding rental growth
+ Multi-tenanted asset across three shops including Lambei Thai, 187 Cantina, and retail operator, providing diversified income streams
+ Strategic 227sqm* CBD landholding* with dual street frontage and prominent exposure
+ Favourbale E2 Zoning: allowing for potential future upside (STCA)
+ Northern Rivers Region – thriving economic hub generating $42.05 billion in output and home to 315,775+ people
+ Net Income: $39,969 pa + GST* 

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 5 August 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
227.00 m2
Address
50-52 Magellan Street, Lismore, NSW 2480
Kieran Bourke
Kieran Bourke
Flynn McFall
Flynn McFall
Ben Parsonage
Ben Parsonage
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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Email enquiry to Burgess Rawson - Sydney

Kieran Bourke
Kieran Bourke
Flynn McFall
Flynn McFall
Ben Parsonage
Ben Parsonage
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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      Property ID: 504908256

      Original Property ID: 504908256
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