This prime investment comprises two adjoining secure, multi tenanted, mixed retail/commercial properties in the Coffs Harbour CBD.
Anchored by mostly long standing tenants, it provides excellent convenience in the commercial heart of the CBD.
The generous on site customer car park is a real attraction to tenants and customers alike. Of the seven tenants, 4 are national trading business names and one is a government tenant.
This is indeed a rare opportunity to acquire such an attractive multi tenanted investment with a substantial land bank.
Additional features of this outstanding investment property are as follows:-
- Modern single storey construction
- Low maintenance design
- High profile buildings
- Security of income stream with seven separate tenancies
- Combined leasable area – 1,384m2 approx.
- Combined land area – 2,580m2 approx.
- Business zoning permitting high rise redevelopment
- Advantageous customer on site car park
- Gross annual rental income – approx $280,000 plus GST
- Below market rentals with excellent potential for income growth
This prime retail/commercial holding represents an excellent opportunity to secure a most attractive secure investment with very favorable income and capital growth prospects.
Asking Price – $3,500,000 GST exempt
Contact marketing agents LJH Commercial for a copy of the information memorandum:-
Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com
The only specialist commercial agency servicing The Coffs Coast.