1-3/5 Latta Avenue Ballina NSW 2478

This large freestanding property offers buyers, investors and developers, an excellent opportunity to secure a substantial piece of real estate that’s close to the Richmond River. Currently configured as three self-contained units, it has the potential to be used as a home-plus-income or a high performing rental property while exploring future options. Either way, it presents a very rare opportunity and sits on a level 663sqm block of land with easy access to Ballina’s restaurants, cafes and shops.

– A generous upstairs two-bedroom unit with great river views
– Smartly presented and well-appointed bright interiors, and own garage
– Two x 2-bedroom units on the lower level, each with own carport
– These 2 units need some restoration prior to being occupied
– Potential rental income of $1300 per week when fully tenanted
– Occupying a wide frontage and deep landholding with a level backyard
– Driveway access to rear garage, substantial studio/storage area, and carport
– Option to live upstairs and rent out the two ground floor units
– Zoned R3 medium density with future development potential (STCA)
– Easy level walk or bike ride to local shops, caf?s and Ballina RSL