34 Second Avenue, East Lismore, NSW 2480

  • 6
  • 6
  • 6

For sale

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A Grand House with Income and Position

Set on a huge allotment of over quarter of an acre (1012sqm approx.) is Elindale, an elegant home of grand proportions and Lismore’s premiere boutique accommodation.

Set in a premium East Lismore position, Elindale is close to St Vincent’s Private Hospital and only minutes from shops, schools, Base Hospital, Lismore CBD and restaurants, and only 35 minutes to Ballina/Byron Gateway Airport and 45 minutes to Byron Bay.

The homestead has benefited from a quality extension providing four large guest rooms, each with private entrance, deluxe bathrooms, luxurious décor with an old world charm, queen sized beds, reverse cycle A/C, off street parking and private deck spaces to enjoy sunny mornings and soak up the sounds of local birdlife.

A commercial kitchen separates the guest lounge and dining from the rest of the house for a manager/owner to enjoy, offering two living areas, two large bedrooms and two modern bathrooms.

Style and elegance exude from all parts of this property with high ornate plaster ceilings, timber floors throughout, leadlight windows and beautiful mature gardens.

Elindale has been a successful guesthouse business for many years and is expected to continue after the Covid-19 restrictions are lifted. With a consistent income and highly rated by guests, Elindale offers an un-paralleled investment and lifestyle opportunity.

A full set of financials are available once a confidentiality agreement has been signed. For more information or to arrange your private inspection, contact Brett McDonald of Raine and Horne on 0400 351 311.

Property Info:
  • Property ID: L1445729
  • Property Type: House
  • Garages: 6
  • Land Area: 1012.0 sqm
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R&H Suburb Profile: East Lismore

R&H Suburb Summary Houses
Number of sales 83
Average Price $416,289
Median Price $405,000
Median Rental Price $370 p.w.
Change in Rental Rate (5yr) 12 %
R&H Suburb Summary Units
Number of sales 10
Average Price $249,250
Median Price $227,000
Median Rental Price $278 p.w.
Change in Rental Rate (5yr) 21 %
East Lismore, NSW - Median Trend
405000.0