Sold

First National Real Estate Wal Murray & Co - Lismore

1 & 2/1 Gail Place, East Lismore, NSW 2480

$715,000

House

Type

Bedrooms

Bathrooms

Parkings

887 m²

Area

Last updated on Saturday, August 29, 2026 ( See property details for 1 & 2/1 Gail Place, East Lismore, NSW 2480)

$729,000

Cory Byrne Residential Sales Lismore / Licensed Real Estate Agent

Call Message Chat

Benjamin Conte Residential Sales Lismore / Licensed Real Estate Agent

Call Message Chat

Track this property Email Enquiry

Report Title Search CMA Report Suburb Profile

AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-presented, recently renovated duplex pair on a generous corner block, offering immediate rental income in a popular East Lismore location.

🏡 Property Highlights

Rare duplex pair offering immediate investment income
Recently renovated with modern vinyl flooring and carpets
Generous corner block of 887 m² in a sought-after location
Two spacious bedrooms and open-plan living in each unit
Currently tenanted with reliable income of $380 per week per unit
Close to local amenities including sports fields and schools

✨ Key Features

Built-in Robes
Garage
Open-Plan Living
Internal Laundry
Single Storey
Low-Maintenance Yard
Pet-Friendly
Security Screens / Gates
Fly Screens
Waterfront / Views

Suburb and Property Insights of East Lismore, NSW 2480

East Lismore is a vibrant suburb known for its strong community spirit, excellent local amenities, and convenient access to schools and sports facilities. The area offers a mix of established homes and investment opportunities, making it highly desirable for tenants and investors alike. Its proximity to public transport and shopping centres ensures a convenient lifestyle. The neighbourhood benefits from a peaceful environment with friendly neighbours and ongoing community development.

Frequently Asked Questions

What is the condition of the property following the 2022 flood?

The property was impacted by the 2022 flood but has been recently renovated, with modern updates and low-maintenance interiors to ensure comfort and durability.

Are there any restrictions or special considerations due to the flood history?

Potential buyers should conduct due diligence regarding flood risk management and check with local council for any specific flood mitigation requirements or restrictions.

What are the current rental terms and tenant details?

Both units are currently tenanted by excellent tenants, each returning $380 per week, providing a reliable income stream from day one.

Is there potential for future development or expansion on the property?

The property is set on a generous corner block, offering potential for future development or extensions, subject to council approval.

What are the ongoing costs associated with owning this duplex pair?

Ongoing costs may include council rates, insurance, maintenance, and property management fees. Buyers should request a detailed financial breakdown.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance requirements not disclosed? Has the property been fully compliant with flood mitigation and building regulations post-2022? Are there any zoning restrictions or easements affecting potential future development? What is the history of flood damage and has the property been properly repaired and certified? Are there any planned developments or construction projects nearby that could impact the property? Is there any strata or body corporate management involved, and what are the associated fees? What are the noise levels and neighbour relations in the area? Are there any restrictions on pet ownership or other lifestyle considerations? Has the property been inspected for structural issues or defects related to flood impact? What are the terms of the current tenancy agreements and are there any lease restrictions?

1 & 2/1 Gail Place, East Lismore, NSW 2480 - More Details

$715,000

This well presented duplex pair offers a rare and ready made investment opportunity in the popular east lismore location, set on a generous corner block.

Both units feature two spacious bedrooms and a functional open plan lounge, dining and kitchen area designed for comfortable everyday living. Each unit includes a well appointed bathroom, internal laundry and the convenience of a single lock-up garage.

Recently renovated, the duplex has been refreshed with modern vinyl flooring throughout the living areas and carpet in the bedrooms, creating a warm and low maintenance interior.

Ideally positioned close to the east lismore bowling club, local sports fields and wyrallah road public school, the location continues to attract strong tenant demand. Currently tenanted by two excellent tenants returning $380 per week each, this property delivers an immediate and reliable income stream from day one and represents a solid, low maintenance investment in a tightly held area.

Call today to arrange your private inspection.

Please note this property was impacted by the 2022 flood.

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 2
Area: 887 m²

Map & nearby places — 1 & 2/1 Gail Place, East Lismore, NSW 2480

Login to experience 1 & 2/1 Gail Place, East Lismore, NSW 2480 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

Photorealistic 3D aerial & street-level flyover
Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with live travel time from the front door
Orbit-home, street & suburb camera presets
Satellite & hybrid map views, full-screen mode
Free for every Real Search member — no cost to explore

Email Enquiry To First National Real Estate Wal Murray & Co - Lismore

<div><input id="g-recaptcha-response_captcha_2028023484" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_2028023484 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_2028023484"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Cory Byrne

Call

Benjamin Conte

Call

1 & 2/1 Gail Place, East Lismore, NSW 2480

$729,000

Schedule an Inspection

Rates & Fees

Similar Properties

Full Name

phone

Which describes you best?

Message

Personal Information Collection Statement

This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About East Lismore

Real Search makes searching for your new home easy with properties for sale in East Lismore and properties for rent in East Lismore. Are you looking for specific type of property? Real Search has units for sale in East Lismore and houses for sale in East Lismore. Real Search also provides 1 bedroom house for sale in East Lismore, 2 bedroom house for sale in East Lismore & 3 bedroom house for sale in East Lismore. Find best real estate agents in East Lismore. You can also check real estate agencies in East Lismore. Research the property market of East Lismore with a property report and suburb profile report on Real Search.

<div><input id="g-recaptcha-response_captcha_1695611259" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1695611259 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1695611259"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Help Us Maintain Accuracy: Report Data Errors

At Real Search, we strive for the highest level of accuracy in all our property listings and real estate information. Despite our best efforts, errors can occur. If you spot any inaccuracies or inconsistencies in property details, descriptions, or any other data, we encourage you to report them to us immediately. Your input helps us maintain the quality and reliability of our platform, benefiting all users—buyers, sellers, and agents alike.

To report an error, please click the "Report Error" button on the respective listing or reach out to us directly via our contact page. We appreciate your vigilance and collaboration in ensuring the integrity of our data.

Name

Phone

Message

Disclaimer

Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.