1-3 Chauvel Street Kyogle, NSW 2474

1-3 Chauvel Street presents a rare opportunity to secure a versatile commercial and residential holding in the heart of Kyogle. Formerly known as the Norco Butter Factory, this property combines multiple income streams, strategic positioning, and strong future development potential, providing a unique and valuable investment opportunity.

Kyogle is renowned for its strong agricultural base and emerging industrial growth. Strategically located just off Summerland Way, this site provides excellent connectivity to Lismore, Casino, and the Gold Coast corridor.

Property Overview
Set on a substantial 7,451m² (L-shaped) parcel of land, the property comprises established commercial improvements alongside a separate residential dwelling, both benefiting from B4 - Mixed Use zoning. This provides outstanding flexibility for investors, developers, or owner-operators seeking a distinctive asset with long-term potential.

The Norco Butter Factory (Circa 1928)
Steeped in history and character, the original Norco Butter Factory was constructed in 1928 and remains a local landmark. The rendered brick and corrugated iron structure features a pitched roof with a gabled clerestory, providing natural light and ventilation throughout.
The building includes multiple loading docks, storage rooms, and office spaces, offering adaptable configurations for a range of commercial, industrial, or logistics-based uses.

Key features include:

• Approx. 1,417m² of multi-level industrial floor space
• 3-phase power and water connected
• 15,000L diesel fuel tank
• Mechanical press,
• Air compressor and airlines throughout
• Potable water hydrant
• Separate amenities block
• Approx. 4,000m² of hardstand area within a secure fenced compound

Excellent street presence and access suitable for heavy machinery and transport operations

Manager's Residence
Included in the sale is the original Butter Factory Manager's residence - a spacious five-bedroom, one-bathroom weatherboard home featuring pressed tin ceilings and wraparound verandahs. This dwelling offers a comfortable secondary income stream or onsite accommodation option.

Tenancy & Income
- Commercial & hardstand areas: Currently leased (until Auction) to multiple tenancies, generating approx. $780 per week + GST (gross, including outgoings)
- Residence: Long-term tenant in place at $250 per week, currently below market value
- Total gross rental income: Approx. $1,030 per week + GST

Additional Highlights
- Zoned B4 - Mixed Use, supporting a wide range of commercial and industrial use
- Recognised on the NSW Heritage Register of Local Significance (not heritage listed)
- Positioned in a high-growth regional area with strong infrastructure investment
- Excellent potential for future redevelopment, repurposing, or expansion

For further information, to obtain the Information Memorandum, or to register to bid at Auction, please contact:
Dana Vasterink - Ray White Casino | Kyogle
0418 275 310 | dana.vasterink@raywhite.com

Disclaimer
The property is located within a flood-prone area, consistent with surrounding sites. The Vendor advises that during the 2022 flood event, water marginally entered the habitable floor area of the industrial building but did not cause any structural damage.