United Petroleum Investment | 15-Year Net Lease | 3.5% Fixed Growth

Ray White Retail is pleased to present 16 Ballina Road (Located on the Bruxner Highway), Lismore NSW for sale by negotiation.

A rare opportunity to secure a defensive essential services investment leased to United Petroleum (Astron), one of Australia's major independent fuel operators.

Key Highlights:

• 15-year lease to Sept 2037 + 4 x 5-year options
• Fixed 3.5% annual rental increases
• True net lease - tenant pays outgoings incl. land tax
• Prominent highway exposed 1,050m² corner site with 24-hour operation
• Approx. 25,000 vehicles passing daily
• Flexible Commercial Core (B3) zoning with future development upside (STCA)
• Refurbished in 2022 including significant tank infrastructure upgrades
• Net income: $170,847 p.a. (as of Sept 2026)

Strategically positioned within Lismore's key commercial corridor, close to major retail, health and civic infrastructure, this is a high-exposure passive investment with secure income growth.

Contact:
Stephen Kidd - 0413 550 474
Elliot Kidd - 0407 696 738

Inspections

Explore the area

School catchments

Living Academy - Southern Cross University - Z Block Secondary Independent 1.1km
Living School - Southern Cross University Campus Combined Independent 1.1km
Lismore Heights Public School Primary K-6 Government 1.2km
Goonellabah Public School Primary K-6 Government 1.3km
The Rivers Secondary College, Lismore High Campus Secondary 7-12 Government 1.6km
Trinity Catholic College Lismore Secondary 7-12 Independent 1.6km
Lismore Public School Primary K-6 Government 1.9km
Our Lady Help of Christians Primary School Primary K-6 Catholic 2.2km
Wyrallah Road Public School Primary K-6 Government 2.6km
Trinity Catholic College Lismore, St Joseph's Campus Secondary Independent 2.6km
St Carthage's Primary School Primary K-6 Catholic 2.7km
The Rivers Secondary College, Kadina High Campus Secondary 7-12 Government 2.8km
Living School Combined K-12 Independent 3.2km
St John's College Secondary 7-12 Catholic 3.3km
The Rivers Secondary College, Richmond River High Campus Secondary 7-12 Government 3.4km
Albert Park Public School Primary K-6 Government 3.8km
Summerland Christian College Combined K-12 Independent 4.0km
Vistara Primary School Primary 1-6 Independent 4.3km
Blue Hills College Combined K-12 Independent 4.5km
Lismore South Public School Primary P-6 Government 4.7km
Bexhill Public School Primary K-6 Government 6.2km
Tregeagle Public School Primary K-6 Government 6.3km
Alstonville High School Secondary 7-12 Government 12.4km
Dorroughby Environmental Education Centre Combined Government 17.8km
Emmanuel Anglican College Combined K-12 Independent 22.1km
Casino Christian School Combined K-12 Independent 23.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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