Unit 9, 84-89 Industrial Drive, Coffs Harbour, NSW 2450

Industrial

Sold $1,150,000

  • Property ID: 335016
  • Floor Area: 655m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 655m2 N/A N/A
PRIME INDUSTRIAL STREET FRONTAGE LEASED INVESTMENT

Unit 9 comprises a modern concrete tilt high clearance industrial unit which provides high quality industrial storage and air conditioned office space.

The unit is leased to O’Donnell Hanlon for five years from 1/7/18 with 2 x 1 year options to align with their Government contracts.

O’Donnell Hanlon is a NSW based family owned building firm established in 1974.
Services include design, construction, project management and asset maintenance.

Their head office is in Kempsey with regional offices in Coffs Harbour, Goonellebah and Tamworth for asset management purposes.

The net annual rental from 1/7/19 is $74,160 plus GST, which is reviewed annually by 3% increases and the tenant pays all property outgoings.

The unit accommodates an approximate ground floor area of 553m2, including partitioned offices of 288m2 plus mezzanine storage of some 102m2.

Unit 9 is located in a popular 10 unit strata title complex which enjoys drive through access from Industrial Drive.

Accommodation includes automatic roller door access, heavy duty steel mezzanine, air conditioned offices and excellent amenities.
Generous onsite car parking is available adjacent to the property’s street frontage.

The unit occupies a high profile position facing Industrial Drive, within Isles Industrial Park, Coffs Harbour’s premier industrial estate located some 3 kilometres from the CBD.

The unit enjoys the following features:
- Popular position
- Premier industrial location
- 500m to Pacific Highway
- 500m to the proposed motorway by-pass
- Conveniently located to CBD, hospital, university & airport
- Modern high clearance space
- Excellent features
- Fully compliant
- Long term lease to a quality tenant
- Attractive net return

If you have been seeking a modern high quality industrial investment in sought after Isles Industrial Park then CALL NOW!!!

The asking price of $1,150,000 shows an attractive net return of some 6.5%.

For all further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial.

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.

Coffs Harbour Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3990 $291 7.31%
Retail $3469 $403 11.62%
Industrial $2034 $117 5.77%
This is the average advertised price, rent and yield for Coffs Harbour, NSW 2450*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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