Shop 1, 108-118 Harbour Drive, Coffs Harbour, NSW 2450

Retail | Other | Offices

For Sale $890,000 + GST

  • Property ID: 442116
  • Floor Area: 71m²
  • Land Area: 1m²
  • Occupancy: Vacant
PRIME RETAIL INVESTMENT

This is an amazing opportunity to purchase your own boutique retail investment.

New 2 year lease from 1/7/24 with options to 2034.

This popular Vietnamese Café occupies an absolute prime high-profile location on Harbour Drive's busiest pedestrian position opposite Coffs Central Shopping Centre.

Shop 1 accommodates an approximate gross leasable area of 71m2 with favourable rear access and enjoys two onsite car parking spaces.

This prime retail investment is in Harbour Drive, between City Square and Gordon Street, among such retailers as Nik 'N She, NAB, Aussie Home Loans, Travel Associates, Coffs Newsagency, Cutties Cakes, and Parry's Jewellers.

Previously occupied as Jian's Sushi & Noodle Bar for two decades the Vietnamese Cafe enjoys huge locational goodwill.

Coffs Harbour's burgeoning City Centre now includes Coffs new $80m Civic Centre and the high-rise CODA apartment building which will bring 250 patrons to the CBD and is due for completion in early 2026.

Coffs Central across the street has been approved for a high-rise hotel but will now be building another residential high rise bringing more patrons to the CBD.

The completion of the highway by-pass in late 2026 will remove unwanted traffic and the whole CBD will be beautified.

This is a fantastic time to secure your prime CBD investment.

Features of this highly attractive opportunity include:
• Affordable entry price
• Strong trading neighbours
• Two car spaces
• Prime shopfront location
• Extra wide footpath
• Heavy pedestrian traffic flow
• Strong locational goodwill
• New lease to 2034 including options

If you've been seeking to acquire your own prime retail investment then CALL NOW!!!

The asking price is $890,000 excluding GST.

For further details contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

Coffs Harbour Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $213 ---
Retail $7555 $438 5.80%
Offices $5379 $311 5.78%
This is the average advertised price, rent and yield for Coffs Harbour, NSW 2450*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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:

  • 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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