This modern single storey retail investment occupies a high profile position fronting Park Beach Road, on the corner of Walter Morris Close, opposite Park Beach Plaza, which is one of the largest regional shopping centres in NSW.
Situated some 3 kilometres from the burgeoning Coffs Harbour CBD, the building is leased to Petstock, Sports Power Super Warehouse and Ventoux Cycles, returning a gross annual rental of $254,180 plus GST.
The only vacancy is a 600m2 shop which was previously leased to the Salvation Army for over ten years at $98,181 plus GST, equating to a fully leased gross annual rental of $352,361 plus GST.
The estimated net annual rental is $322,974 plus GST.
This high profile three street frontage site enjoys an approximate total land area of 3,402m2 which is zoned Business B2 Local Centre.
The modern building accommodates an approximate gross leasable area of 2,120m2.
Generous onsite car parking for 20 vehicles is supplemented by adjacent kerbside parking in Walter Morris Close.
This prime retail investment enjoys the following features:
* High profile position
* Three street frontages
* Heavy vehicular traffic flows
* Situated opposite Park Beach Plaza
* Only 3 kilometres from Coffs Harbour CBD
* Convenient customer access
* Excellent signage availability
* Generous onsite parking
* Multi-use zoning
* Modern low maintenance buildings
* Secure long term tenants
If you've been looking for a high quality retail investment with high growth opportunities then CALL NOW!!!
Asking price - $5.25mil neg.
For all further details contact marketing agents L J Hooker Commercial:
Troy Mitchell 0417 695 915 email@example.com
Deb Grimley 0434 301 550 firstname.lastname@example.org
LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 email@example.com
The leading specialist commercial agency servicing The Coffs Coast.