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GENERAL STORE WITH LUXURY RESIDENCE, LISMORE AREA, NORTHERN RIVERS, NSW
Location / Area
Modanville, near Lismore and Dunoon, Northern Rivers, NSW
Property Type / Size
A freehold general store with luxury 4 bedroom residence, tennis court and double lock-up garage on a 1¼ acre site with views
Includes three other small shops providing income, large concreted carpark and state of the art waste water system.
Price Range
$1.4 million plus SAV
Property Information
This business and property are a showpiece, having been developed by the owners since 1991.
The property has:
- Excellent exposure on main road
- Large brick building with shop area at front and two storey luxury residence at rear
- Newer development of three smaller shops, two of which are currently leased
- Land area of approximately 5,100 square metres
- Tennis court behind house (could be used for other purposes)
- Toilet block for shop tenants
- Large carpark
 |  |  | | General Store | Stock & Shelves | Stock & Shelving |
Business Information
The Modanville general store services residents of:
- Modanville
- Tullera
- The Channon
- Dunoon
- Durroughby
- Other surrounding areas
It operates 7 days per week from 7:00am to 7:00pm.
 |  |  | | Confectionary | Fruit | Fruit & Veg |
It sells:
- Groceries – all kinds
- Fruit and vegetables
- Bread lines
- Dairy lines (milk, ice cream etc)
- Frozen foods including meat
- Snack foods
- Confectionary
- Newspapers and magazines
- Stationary and cards
- Cigarettes and tobacco
- Ice
- Dog food
- Soft drinks
- Fruit juices
- Smallgoods
 |  |  | | Bottle Shop | Wine Stock | Spirits |
Liquor Store
This section sells:
- Beer
- Wine
- Spirits
- Alcoholic mixer drinks
It is currently being expanded to provide larger display areas for wine sales and is a member of the Bottlemart Express buying group.
The store features:
- 17 carpark spaces
- 2 large coolrooms
- 15 fridge or freezer units
- Counters and display units
- Large floor area
- Scales and tills
- Tiled floors
- Entry to residence
- Covered awning at front
- Excellent signage
 |  |  | | Signage | Extra Shops | Car Park |
Rental Income
The shops are currently rented at $200 per week plus GST each
This ensures income all year round.
The Residence
This features:
- Tiled floors downstairs
- Separate entrance from side yard
- Driveway to rear and double lock-up garage
- Carpeted upper floor
- Lawn and garden areas
- Storage sheds
 |  |  | | Lounge | Formal Dining | Kitchen |
Downstairs:
- Large modern kitchen with 4 burner gas stove and rangehood, electric wall oven and dishwasher
- Central dining area near kitchen
- Formal dining room
- Large lounge room
- Bathroom with shower, vanity and toilet
- Very large laundry with 3 metre high storage cupboards
- It has a door to the rear yard and clothes line
- Double lock up garage
- 10ft high ceilings
- Double brick construction
- Under stair storage
 |  |  | | Master Bedroom | Ensuite | Bedroom |
 |  |  | | Bedroom | Bedroom | Utility Room |
Upstairs:
- Large master bedroom with large walk-in-robe and large ensuite featuring spa bath, vanity and toilet
- Three other large bedrooms with mirrored built-ins
- 3 way bathroom with double vanity, bath, shower and long bench plus separate toilet
- Sewing room/study/computer room for children
- Office for business use
- 9ft insulated ceilings
Potential
- The vacant shop is approved as a medical centre (doctor, physio etc)
- There are new subdivisions in Dunoon village
- The area will expand in future years
- Residents of Dunoon, The Channon and Durroughby drive past the Modanville store
- Sales and profits are constantly increasing
Best Features
- Profitable business in popular Byron Bay hinterland
- Luxury 4 bedroom residence included
- Freehold property with views
- Rental income from shops
- No competition nearby
- Close to Lismore (15 minutes) plus Bangalow and Byron Bay
- Increasing population in the area
- Easy to own and operate
- Fully equipped with good quality fixtures and fittings
- Includes liquor store, fruit and vegetables and high margin lines
- Plenty of fridge and freezer units
- Primary school 2 kilometres away (Modanville)
- School buses to Lismore at the door
 |  |  | | Back of House | Driveway | Tennis Court |
Additional Information
This property and business offers a quality lifestyle with good reliable income.
It has a lovely residence, ideal for a family, and level lawn and garden areas.
The tennis court could be used for more storage sheds or redeveloped into larger lawn and garden areas.
A quality lifestyle with excellent income, coupled with large freehold property, make this a great opportunity for the astute buyer.
Contact Details
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