This modern high quality industrial complex comprises two fully leased adjoining properties on separate title.
Offered for sale subject to the existing leases in one line.
The potential exists to resell separately or even strata title.
This prime industrial investment occupies a popular location in North Coffs Industrial Estate.
It is leased to international tenant Valspar Paint Holdings P/L and substantial regional tenant Tuffco Glass P/L.
The estimated net annual rental is $184,840 excluding gst.
The $2.6mil asking price shows $1,165/m2 GLA and a net annual return of 7.1%.

The property enjoys the following features:
- Popular industrial location
- Land area 3,845m2
- Two titles
- GLA 2,231m2
- 2+1 yr lease to Valspar
- Valspar pay $83.31/m2 p.a. plus 40% outgoings
- 5+5 year lease to Tuffco Glass
- Tuffco Glass pay $88.87/m2 gross p.a.
- GAR – $203,112 excluding GST
- 1km to Pacific Highway
- 1.5kms Park Beach Plaza/HomeBase Bulky Goods regional retail centres
- 3kms to Coffs Harbour’s burgeoning CBD
- $5.1mil upgrade of regional airport

If you’ve been seeking a well leased modern industrial investment then CALL NOW!!!
For all further details contact Exclusive Marketing Agents:

Troy Mitchell 0417 965 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 coffsharbour@ljhc.com.au

The only local specialist commercial agency servicing The Coffs Coast.

Winners of The Major Real Estate Franchise Network Of The Year 2013, 2014 and 2015.