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66-90 Harbour Drive, Coffs Harbour, NSW 2450

66-90 Harbour Drive, Coffs Harbour, NSW 2450

Retail Medical/Consulting Hotel/Leisure

  • Sold Contact Agent
  • Tue 07-May-19

Landmark Two Storey Core CBD Retail Investment

  • Strong Occupancy History
  • 13 Tenancies
  • City Square Precinct

  • Land Area
  • 1285.00 m² (approx)
  • Floor Area
  • 1,980 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jun 04, 2019

Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Simon Staddon, Burgess Rawson - Sydney
Simon Staddon
LJ Hooker Commercial - Coffs Harbour

40 Harbour Drive

Coffs Harbour NSW 2450

Landmark Two Storey Core CBD Retail Investment

For Sale by Expressions of Interest closing 3pm AEDT Thursday 4 April 2019

Coffs Harbour's best retail position in City Square precinct opposite Coffs Central (Kmart, CBA, Post Office)
Well presented 1,980 sqm two storey freehold building with lift
Three street frontages incl. Harbour Drive, City Square Mall & Park Avenue Lane
Major 1,285 sqm landholding in Coffs Harbour’s CBD adjacent to Council carparks
Underdeveloped CBD landholding with future development upside
Council undertaking $2m beautification works to City Square
High growth coastal City of over 75,500 people with 1.6m tourism visitors per annum
Strong tenancy mix incl. Specsavers, The Smith Family, jeweller, cafes, restaurant, bakery, fashion & community college
Average lease wale 4 yrs. with some tenants in occupation since 2001

Estimated Net Income: $676,000 pa + GST

66-90 Harbour Drive, Coffs Harbour, NSW 2450

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