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208-210 Pacific Highway
Coffs Harbour NSW 2450
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Sold on 8 Dec 2015

208-210 Pacific Highway Coffs Harbour NSW 2450

  • Shop & Retail
  • 1,999 m²
  • Sold, $6,210,000

Brand New Coles Express Trophy Investment. New 10 Year lease to Viva Energy Australia.

New secure 10 year lease, plus options to 2035, to Viva Energy trading as Shell Coles Express.
Net lease agreement with tenant paying all outgoings including Land Tax.
Attractive annual rent reviews, minimum 2.75%.
Strategic 1,999 sqm site, with 40 m frontage to Pacific Highway, 30,000 vehicles passing daily (approx).
Ultra modern improvements including 221 sqm Coles Express convenience store.
Substantial taxation saving via depreciation allowance Coffs Harbour, premier regional coastal City, trade catchment circa 200,000 plus year round holiday influx.
Net Income: $380,000 pa + GST (paid 12 months in advance).

Auction 11am AEDT Tuesday 8 December
Sofitel Wentworth Hotel, Sydney

AUCTION

Auction date and time08/12/2015 11:00
Auction locationSofitel Wentworth Hotel

Property Highlights

Date Sold8 Dec 2015
Sold Price$6,210,000
Floor AreaAsk Agent
Land Area1,999 m²
ParkingAsk Agent
Property ID2012412255
Category
Last updated  9 Dec 2015
Map for 208-210 Pacific Highway Coffs Harbour NSW 2450

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Property Highlights

Date Sold8 Dec 2015
Sold Price$6,210,000
Floor AreaAsk Agent
Land Area1,999 m²
ParkingAsk Agent
Property ID2012412255
Category
Last updated  9 Dec 2015

Co-Agents

Raoul Holderhead
Raoul Holderhead
Burgess Rawson Sydney
Call
0413 860 304
Kieran Bourke
Kieran Bourke
Burgess Rawson Sydney
Call
0417 418 007

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