2 Alternative Way, Nimbin, NSW 2480 - More Details
$1,995,000
3,381m² | RU5 Village | Workshop/Storage
A little bit different. A lot of potential.
Here’s a commercial property with plenty going for it — and one that’s hard to replicate in Nimbin.
Set on a huge, level 3,381m² corner block, right at the entrance to Nimbin’s Eco Village, this established workshop/storage property has a lovely Northern Rivers feel, with mature trees around the boundaries and beautiful views towards Blue Knob Mountain.
And yet, you’re only a few steps from the village.
There are currently two substantial workshop/storage buildings, providing 10 lockable bays in total — seven bays in the first building and three deeper bays in the second.
There’s also leasable container options, bathroom and toilet facilities, power and water, wide sealed and kerbed road frontage, bitumen access and part-driveways.
Based on the size and nature of the workshop/storage spaces here, we estimate potential gross income could sit somewhere around $80,000–$93,000 per annum, subject to leasing, market demand and the individual spaces.
But this is where the opportunity gets really interesting.
There appears to be scope to increase the current rental return, with local storage rents providing a useful benchmark.
There may also be potential for further workshop/storage bays, with previous plans having allowed for additional shedding, subject to confirmation of current approvals and Council requirements.
So whether you’re looking for an established investment, somewhere to house your own business, or a property with the flexibility to create more income over time, there’s plenty to work with here.
Big block. 10 existing workshop/storage bays. Established income. Nimbin location. And room to explore what comes next.
A genuinely interesting commercial opportunity in a town where good quality space is hard to come by.
Contact Adrianna 0422 265 871
for more information
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
- Type
- Other
- Bedrooms
- 12
- Bathrooms
- 2
- Parkings
- 6
- Area
- 3,331 m²
