FREEHOLD Package with Residence, Art Gallery PLUS Studio, Granny Flat – Ballina, NSW

(no street name provided), Ballina NSW 2478

Expressions of interest over $3.5 MILLION

BusinessSize: n/a
Business ID BS154957 - 100M FROM BEACH – BEST COMMERCIAL GALLERY IN PROVINCIAL AUSTRALIA!

This is an amazing opportunity to buy a well-known Art Gallery and Residence in one of Northern NSW’s most iconic coastal destinations.

Established in 1978, the gallery offers a spacious display area – plus professional hanging and lighting systems – making it the best and most modern commercial gallery in provincial Australia.

Currently, the gallery features the work of different artists on consignment – as well as bronze sculptures by the internationally-known owner.

As part of this unmissable package, the owner is offering the buyer the copyright and distribution of his personal collection of bronze sculptures.

The collection comprises 60 individual pieces, and there is no limit to the amount of income that could be made from this collection!

· Sale includes residence, work studios, gallery, 5 courtyards, granny flat and parking area

· Work from home with no direct competition

· Located on a major coastal road in a very prominent tourist destination

· Very modern 3-storey residence – recently painted inside and out - new carpet in 3 bedrooms/main living area

· Trading hours and staffing up to the buyer – can easily be run by one person

· Run regular changing exhibitions or simply introduce new investment work on a regular basis

· Owner retiring and downsizing

The owner’s work is well known in Australia and overseas – and is featured in 16 Australian galleries, as well as Europe, England, USA, and Singapore.

Owning the copyright and distribution could represent a possible future return of $20m in sales – with the copyright continuing for 70 years after the vendor’s death.

The sale of the property has three distinct aspects, Firstly the real estate on its own, Secondly the real estate along with the fully operational gallery business, and thirdly the real estate, gallery business and the worldwide copyright for the sixty pieces in my collection with a seventy year duration after my death.

Expressions of interest over $3.5 MILLION

Property Code: 3608

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Property type:
Business

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SummaryMedian sales
Average Age
57 years
Population
9,735
Listing ID: 181996404. This listing has been viewed 2 times. It was first displayed on 12/10/2023 and last updated on 07/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.