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
