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Auction
For Sale via Public Auction
Ray White Retail is pleased to present 16 Ballina Road (Located on the Bruxner Highway), Lismore NSW for sale via Public Auction.
A rare opportunity to secure a defensive essential services investment leased to United Petroleum (Astron), one of Australia's major independent fuel operators.
Key Highlights:
• 15-year lease to Sept 2037 + 4 x 5-year options
• Fixed 3.5% annual rental increases
• True net lease - tenant pays outgoings incl. land tax
• Prominent highway exposed 1,050m² corner site with 24-hour operation
• Approx. 25,000 vehicles passing daily
• Flexible Commercial Core (B3) zoning with future development upside (STCA)
• Refurbished in 2022 including significant tank infrastructure upgrades
• Net income: $170,847 p.a. (as of Sept 2026)
Strategically positioned within Lismore's key commercial corridor, close to major retail, health and civic infrastructure, this is a high-exposure passive investment with secure income growth.
For Sale via Public Auction
Wednesday 23 July 2026 at 11:00am
43 Nariel Street, Albion QLD
Contact:
Stephen Kidd - 0413 550 474
Elliot Kidd - 0407 696 738
43 Nariel Street, Albion QLD 4010
Call Stephen Kidd on
+61 413 550 474
Call Elliot Kidd on
+61 407 696 738
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