Unit 5 is a brand new industrial showroom warehouse unit.
The unit accommodates an approximate gross leasable area of 561m2 including a mezzanine of 104m2.
The unit is leased to the Lack Group of companies for five years from 1/6/19 at a net annual rental of $52,356 plus GST, with further 2+2+1 year options of lease renewal.
The Lack Group of companies is positioning itself for the construction of the Coffs Harbour By-Pass.
Unit 5 is located in a high quality, 5 unit industrial complex constructed on the south eastern corner of Collison Place and Kiddell Place, at the northern egress/ingress to the South Coffs Highway Service Centre.
The units enjoy high clearance, clear span concrete tilt walls under an insulated roof with mercury vapour light fittings.
Unit 5 has a feature glazed shopfront with large signage panel above fronting the Highway Service Centre and two high access front and rear roller doors for drive through access to Collison Place.
Onsite parking for 17 vehicles is provided.
The South Coffs Highway Service Centre enjoys heavy vehicular traffic flows, generated from the service station and fast food outlets including McDonalds, Gloria Jeans, Subway, and Red Rooster
The property is zoned Industrial and enjoys a wide range of warehouse, office and retail showroom uses and sits adjacent other successful similar businesses.
The unit enjoys the following features:
- Prime industrial location
- High volume vehicular exposure
- Long term lease to quality tenant
- High quality concrete tilt building
- Glazed office/shopfront
- Dual drive through roller access doors
- Excellent lease-ability
- Excellent tax depreciation benefits
If you’ve been seeking a quality industrial leased investment in this prime location then CALL NOW!!!
The asking price of $746,000 excluding GST equates to only $1,329/m2 GLA and a net return of 7%.
For all further details including site plans, building plans and elevations, specifications and depreciation benefits contact one of LJ Hooker Commercial's Industrial Sales Specialists.
Troy Mitchell 0417 695 915 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 leading local specialist commercial agency servicing The Coffs Coast.