House for sale

32-34 Gum Tree Drive,

Goonellabah, NSW

6 2 10

Managers Residence with Excellent Commercial Income

Live in the beautiful NSW Northern Rivers in an architect designed complex with owner/manager residence and a good rental income from adjacent commercial offices. The complex is situated in flood free Goonellabah, adjacent to the Bruxner Highway, the main road connecting Ballina and Byron Bay to the inland, through Lismore and Casino.

The locality is a growing residential and satellite commercial area part of the Alstonville Plateau, with views to the border ranges and enough elevation to catch the cooling afternoon north easterly breezes. Just 2.5 hrs drive to Brisbane CBD or International Airport, or 30 minutes to the surf at Ballina or 45 minutes to Byron bay. The surrounding rich volcanic soils are home to productive macadamia, avocado and banana farms, with increasing low chill fruit orchards and coffee plantations. Nearby Lismore is the Northern Rivers centre of education and health facilities, with good sporting and cultural activities.

The residence, at first floor level has four bedrooms with built in robes, and a study or fifth bedroom. The master bedroom has an ensuite, walk in robes and a separate study or sewing annex. The modern kitchen has a dishwasher, Tasmanian Oak cupboards and pantry situated adjacent to a spacious lounge/living area and opening onto an enclosed veranda/sunroom. Also at first floor level is an outdoor deck and enclosed games room (previously a roof top swimming pool, now covered over). The residence also has a lock up garage and carport, with an owners tool room, wash tub and toilet at ground level. Also at ground level beneath the residence there is a one bedroom self contained area with large lounge and separate kitchen/dining area....ideal for the extended family.

A good rental income (approx. $96,000pa+gst) is then provided by six separate Suites or tenancies, the commercial area being operated under the Registered Name : Goonellabah Business Centre which is registered for GST. Long term tenants, range from a health and Lifestyle facility, a sporting association, clinical psychologist, paediatrician, and a laminating media service. All tenancies are air conditioned, with carpeted floors. The construction is cavity brick with zinc alum insulated roof and stainless-steel box gutters. There is good off street parking for tenants and ample street parking for visitors.
The complex is being sold as a Freehold Going Concern and is GST free.
Last updated: 05:53PM on Dec 7th 2017
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192 Friday Hut Road32-34 Gum Tree Drive