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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

$1.35 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.

Office	Storage	Cool Room

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

Laundry	Bathroom	Bathroom

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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