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74a Cullen Street Nimbin , NSW

80 Cullen Street, Nimbin

Landmark Investment Opportunity in the Heart of Iconic Nimbin

4 car spaces
1432 m2
$1,800,000
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Description

Positioned in the centre of one of Australia’s most culturally distinctive and highly visited
destinations, 80 Cullen Street, Nimbin presents a rare opportunity to secure a true landmark
property in the Northern Rivers region.
Set on a substantial 1,432m² block, the renowned “Oasis” building is a freestanding, two-
storey commercial/residential asset with a commanding main street presence directly
adjoining the town’s primary carpark. This strategic location ensures constant foot traffic
from both locals and the steady stream of national and international visitors drawn to
Nimbin’s unique heritage and alternative lifestyle culture.
Nimbin rose to prominence following the 1973 Aquarius Festival, evolving into a globally
recognised hub of creativity, sustainability, and community living. Today, it remains one of
New South Wales’ most visited inland destinations, attracting tourists travelling between
Byron Bay and the spectacular hinterland.
The property itself has a long-standing reputation as a central meeting place within the
village. With over 20 years of near 100% occupancy across both retail and residential
tenancies, it offers a proven and reliable income stream.
The building comprises 10 rentable spaces, including residential accommodation on the
upper level. Recently refurbished and with secure leases in place, this is a turnkey investment
with immediate returns.
At street level, the asset is anchored by three highly active and well-supported retail
tenancies:
 Shokudo Japanese Restaurant & Takeaway – a standout feature of the property and
rapidly building a reputation as one of the Northern Rivers’ premier dining
destinations. Its popularity draws consistent local patronage and tourist traffic,
significantly enhancing the overall value and appeal of the asset.
 Nimbin Café / Starbuds Coffee – a well-established café serving as a daily hub for
locals and visitors alike.
 The Hemp Club – a growing retail presence focused on hemp-based wellness,
clothing, and lifestyle products, aligned with Nimbin’s ethos.
The building, originally constructed circa 1920s, retains its charm while benefiting from
thoughtful upgrades over time. Key features include a rare side driveway providing rear
access, generous street setback allowing for covered outdoor seating, and flexible commercial
spaces designed to accommodate hospitality and retail uses.
A major value-add component lies at the rear of the property. The site includes a large
converted lock-up shed with dual commercial spaces, along with expansive garden areas
featuring established rainforest trees. Importantly, the property comes with an existing
Development Approval (DA) for additional accommodation—a highly valuable asset given
current council restrictions, with no further approvals of this nature expected. While the
DA would require an amendment, it will not expire, presenting a unique opportunity to
expand into motel-style or boutique accommodation in a market where supply is extremely
limited.

With Nimbin’s strong tourism draw and accommodation shortage, this offers significant
upside potential for investors looking to capitalise on both commercial and hospitality
sectors.
Whether maintained as a high-performing multi-tenancy investment or developed further
under the existing DA, this property delivers on all fronts: location, income, and future
growth potential.
Offered at $1,800,000
For further information, including financials and documentation, contact:
John Wilcox – 0428 200 288
Samara Burcher – 0429 80 288

Property Location