This is an Industrial Opportunity within a very buoyant market!
This property comprises one of the few large, serviced parcels of industrial land on the NSW Mid North Coast.
Known as Lot 98 the property accommodates an approximate total site area of 3.9ha (39,000m2).
The land is mostly cleared, irregular in shape and is generally level.
The property enjoys extensive street frontage to Kylie Street of approximately 346.26 metres.
The property is situated within popular Macksville Industrial Estate, an established industrial precinct located 4 kilometres from Macksville CBD and 56 kilometres south of Coffs Harbour.
The land is zoned Industrial.
Being part of an existing estate with bitumen sealed street frontage.
If we further assume an average allotment size of say 2,500m2, the property has potential for 15 industrial lots with an average street frontage of 23 metres.
The demand for vacant land has been increasing in response to minimal available supply in other areas of the coast.
The available lots nearby on the western side of Centra Park Street are attracting increasing attention, partly due to minimal supply along the coast towards Coffs Harbour and north to Woolgoolga.
Recent sales of fully serviced vacant land have generally ranged from $142/m2 of (usable) site area for larger lots of around 2ha (20,000m2) to $165/m2 for lots of around 2,000m2.
Three lots have sold during the last 12 months in Centra Park Street and another lot is under contract.
Lot 98 enjoys the following features:
• Popular location
• Generous land size
• Good access to Pacific Motorway
• Centrally positioned between Coffs Harbour and Port Macquarie growth centres
• Under supplied buoyant industrial market
• Excellent potential for staged land release
• Favourable wide street frontage
• Affordably priced opportunity
This property is for sale by Expressions of Interest closing Tuesday 19th December.
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