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Description: This iconic, architecturally designed CBD building is offered for sale for the first time since it was developed.
Positioned on the corner of Albany and Earl Street, this building is a well known landmark building in Coffs Harbour. Albany Street is a well-known medical and professional services precinct.
Sullivan Nicolaides Pathology occupy two levels with a lease expiry late 2028 with a further 5 year option.
Sullivan Nicolaides Pathology is one of Australia's largest and most respected diagnostic testing laboratories, they are part of the global company - Sonic Healthcare.
There are two other long term tenants in the building - a successful law firm and chiropractor.
Current gross income is approx.. $342,930/pa.
The land is level, and benefits from dual street frontage - approx.. 22 lin. metres to Albany Street and approx.. 45 lin. metres to Earl Street.
Coffs Harbour City Council inform us that the permitted building height for the sites are 22m with a Floor Space Ratio of 2.5:1
Located within easy, flat walking distance to Harbour Drive - referred to as the 'main street' of Coffs Harbour and Coffs Central Shopping Centre and the brand new 12-storey 'CODA', Landmark residential development with ninety-five apartments.
Zoned : E2 Commercial Centre with many uses permitted with consent under the Coffs Harbour Local Environmental Plan including, medical centres, hotel or motel accommodation, entertainment facilities, registered clubs; centre-based child care facilities; commercial premises, entertainment facilities; function centres; places of public worship; recreation facilities (indoor and outdoor); residential flat buildings; respite day care centres; and shop top housing - just to name a few.
The City of Coffs Harbour population forecast for 2025 is 82,174, and is forecast to grow to 97,260 by 2046. - source: https://forecast.id.com.au/coffs-harbour
Coffs Harbour has a university, large public and private hospital, international sports stadium, large regional airport, three large shopping centres and multiple industrial estates.
Coffs Harbour is positioned between Brisbane (approx..384km) and Sydney (approx.. 527km) and has long been known for its low risk investment profile and strong economic growth projection.
To secure this great looking, street front unit - contact exclusive sale agents - Your Commercial Property Specialist:
Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Office: (02) 5606 2444 or admin@yourcps.com.au
We are your commercial property people - and we look forward to securing this premises for you/your client.
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.*STCA = Subject to Council Approval - Enquirers should refer to the uses permitted under the current zoning under the Coffs Harbour LEP
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