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Description: Not often do you get a tenanted investment in such an ideal location!
2 Lyster Street is being offered for sale for the first time in over 22 years...Having served the owner well as a positive cash-flow investment* - they are now moving on to new projects and keen to see another savvy investor take on this ripe opportunity.
Providing approx. 550m2 net lettable area under roof; the building is split into two separate tenancies - with the same tenant in occupancy for circa 9 years.
Both tenancies are separately metered for utilities and the leases cover tenant reimbursement of 100% of standard building outgoings**.
Enjoying a massive 22m frontage to Lyster Street, providing great signage exposure - the building also provides easy access to the Pacific Highway and Harbour Drive (main street of Coffs Harbour CBD).
Along with it's location directly across the road from a large, free - all day Council carpark...2 Lyster Street has long been a popular location for national brand and Government agencies to position their business.
Internal fitouts include two modern, air conditioned, carpet and painted professional office suites with large glazed street frontage and sperate front and rear entrances. Large kitchen and disabled bathroom facilities. The two suites are approx. 250m2 and 301m2 respectively (one of the premises enjoying the additional benefit of a fully fitted out, air conditioned mezzanine office area with bathroom facilities both up and down stairs).
There is a large, fully fenced carpark at the rear - providing 8+ carpark spaces on site for the tenants.
Rear lane access, rectangular shaped, level block and its ideal location - lends this property to future development opportunities (STCA) with long standing, successful local accounting firm and law firm both recently relocating their businesses to Lyster Street, undertaking a major redevelopment of a site two doors up from this property - suggesting the confidence this location provides the the professional services community to position their business here.
2 Lyster Street provides your investment portfolio with a high-profile; tenanted, quality building - close to all major facilities with future development opportunities (STCA).
To receive further information on this property, or to arrange a private viewing - contact exclusive sales agents: Your Commercial Property Specialist.
Additional internal photos available on request.
Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Your Commercial Property Specialist office: (02) 5606 2444 or admin@yourcps.com.au
We're your commercial property people - and we look forward to securing this premises for you.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information.
*this property was a positive cashflow investment for the Vendor and we are in no way implying or suggesting it will be the same for the purchaser and strongly recommend independent financial advice be sought for guidance on your investment needs.
**Enquires should satisfy themselves as to what outgoings are recoverable under the current leases.
STCA - Subject to Council Approval.
All areas are approximates only and should be verified by enquirers with taking their own measurements.
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