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42-44 Hi Tech Drive
Coffs Harbour NSW 2450
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Sold on 25 Nov 2015

42-44 Hi Tech Drive Coffs Harbour NSW 2450

  • Factory, Warehouse & Industrial
  • 6,781 m²
  • Sold

Renewed Lease to Global Food Giant. Modern Warehouse - Rare Chilled Food Facility.

Lease extended to 2020 plus option to 2025.
Leased to Bidvest. $10 billion global food giant.
Annual CPI increases.
Modern facility constructed in 2003.
2,884 sqm building on 6,781 sqm land.
Business in occupation since construction.
Valuable depreciation benefits.
Substantial tenant paid chilled food handling area, over $1m replacement value.
Prime location in a tightly held area, close to airport.
Tenant pays all outgoings, as per lease.
Net Income: $246,020 pa + GST.

Property Highlights

Date Sold25 Nov 2015
Floor AreaAsk Agent
Land Area6,781 m²
ParkingAsk Agent
Property ID2012190808
Category
Last updated  25 Nov 2015
Map for 42-44 Hi Tech Drive Coffs Harbour NSW 2450

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Property Highlights

Date Sold25 Nov 2015
Floor AreaAsk Agent
Land Area6,781 m²
ParkingAsk Agent
Property ID2012190808
Category
Last updated  25 Nov 2015
Level 11.02, 9 Castlereagh Street Sydney NSW 2000
Burgess Rawson Sydney
Burgess Rawson Sydney

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