Real Estate Australia

HIGH PROFILE INVESTMENT OPPORTUNITY
Expressions of Interest closing 10 November 2022



  SOLD  

Property Location: 188 Orlando Street Coffs Harbour - COFFS HARBOUR - NSW

Listing Id: 249/22  

Land

Size: 2025 Square Mtr Approx  

Description: This Blue Chip Investment opportunity is located in Orlando Street, a major arterial road in Coffs Harbour. The high profile site is only a short drive off the Pacific Highway and is easily accessible. Originally purpose built for Bob Jane T-marts, the national tenant has occupied the building continuously for over 20 years. The front building, occupied by Bob Jane Corporation comprises a 420sqm (approx.) Showroom/ Workshop with an additional 100sqm storage mezzanine. A glazed showroom fronts Orlando Street and a four bay workshop is accessed from the wide driveway. Ample on-site parking is catered for with 14 spaces.

The rear yard offers scope for future development potential (subject to council approval). Concept plans have been designed in the past showing a large single tenancy or smaller two tenancy development. The area is currently leased on a periodic lease to a local business.

Current net rental is $88,653 (Approximately) for the total site. Near by businesses include Coffs Harbour Toyota & Hyundai, Mitre 10, North Coast V- Twins, Tile Wizards and Windscreens O'Brien.

This once in a generation investment opportunity offers any income purchaser a highly sought after investment, anchored by a National Tenant plus scope for possible future development creating additional income streams. The AAA location ensures long term future occupation.

EXPRESSION OF INTEREST CAMPAIGN: Closes 10th November 2022 at 1:00pm

To arrange a copy of the Executive Summary or an inspection, please contact Exclusive Marketing Agents The Edge Coffs Harbour.

Kel Gibson
M: 0407 665 360
P: (02) 6652 9888
E: kel@theedgecommercial.com.au

Denis Gleeson
M: 0417 414 033
P: (02) 6652 9888
E: denis@theedgecommercial.com.au

The Edge Commercial...your local commercial, industrial and retail property and business sales experts.


HIGH PROFILE INVESTMENT OPPORTUNITY
Expressions of Interest closing 10 November 2022


Contact The Edge Coffs Harbour Today!!!

Contact Kel Gibson
Phone 0407 665 360

Contact Denis Gleeson
Phone 0417 414 033

Property ID:249/22

Disclaimer:
http://www.real-estate-australia.com.au assumes no responsibility for the accuracy of information contained on this website,
interested parties must make their own enquiries with The Edge Coffs Harbour!

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