Situated on popular Wyrallah Road, East Lismore is a once in a “Lifetime” opportunity to either develop this double block of 2153.7sqm for either unit/duplex living or continue to use as the very successful squash courts at present.
The current owners are prepared to lease back the property for a period of 5 x 5 year lease at an excellent rental, making this an ideal situation for the investor looking long term.
The squash court building consists of 6 competition standard squash courts, with a gym area and changing/toilet facilities on the ground floor.
Upstairs is a great viewing area with tables and chairs to relax and joy a drink.
A very large covered outdoor entertaining deck plus table tennis room adjacent.
This facility has parking for ten vehicles with good side access from Wyrallah Road.
The timber cottage in front of the complex consists of three large bedrooms, the main bedroom with en-suite and kitchenette.
Extremely spacious combined lounge/dining, large wrap around verandah on two sides. The kitchen is huge and could easily be an east-in kitchen.
High ceilings throughout and polished floor boards complete this amazing package.
Are you astute enough to recognize the many possibilities of this great property?