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42 Wyrallah Road, East Lismore NSW 2480

$575,000 Inclusive Of GST

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$575k - $604k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 2 Cars 540 m²

Listed: 3 days ago

Overview

Positioned on a well-exposed corner with dual street frontage to Wyrallah Road and Avondale Avenue, this property uniquely blends residential comfort with business potential, backed by an E1 commercial zoning that provides versatile opportunities for investors or home-based enterprises.

The fully renovated shop front is spacious and air-conditioned, complemented by a separate office area and an enclosed courtyard, creating a professional and functional commercial environment. Additionally, a sizeable shed offers ample storage for stock or equipment, enhancing operational convenience.

Privately located to the rear, the accompanying two-bedroom weatherboard home reflects the charm of its era with high ceilings and polished timber floors throughout, while modern comforts such as air conditioning in the main bedroom ensure year-round comfort. Separate metering for the house and shopfront electricity allows flexibility, whether living in the home while leasing the commercial space or integrating both for a home-business setup.

For those seeking future expansion, the property holds potential for modification and rezoning approval to create a larger family residence with three bedrooms and dual living spaces.

Two-bedroom home featuring classic architectural elements and modern amenities
Air-conditioned shopfront and office with versatile usage options
Enclosed courtyard and a good-sized shed for additional space
Energy-conscious features including ceiling fans and solar panels
Conveniently located within walking distance of shopping, healthcare, education, and the Lismore CBD

This mixed-use property is ideal for buyers looking for a strategic investment with flexible use, combining residential appeal with commercial viability within a thriving community.

Local Market Insights

In East Lismore, Quiet Listings observed 75 new houses entering the market over the last 30 days, up from 71 during the previous 30-day period, with an average advertised asking price of $1,235,853. The property type mix of listed properties is predominantly Houses at 78%, followed by land (12%), and commercial properties (4%). The most active agency for houses in the East Lismore area is currently First National, representing 15% of new listings, followed by Amir Prestige Group with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.