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8 Queen Street
Woolgoolga NSW 2456
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Sold on 9 Dec 2014

8 Queen Street Woolgoolga NSW 2456

  • Shop & Retail
  • 1 m²
  • Sold, $3,070,000

Prime Supermarket. 11% Indicative Yield Reserve.

Established freestanding Supa IGA.
Growth location within Coffs Harbour local government area.
Key CBD site in prime beach-side location.
Modern purpose built supermarket, constructed 2005.
Excellent trader with turnover rent payable in addition to base.
10 year lease from November 2007 plus options to 2032.
100% outgoings paid by tenant, as per lease.
Benefit of three street frontages.
Major tax saving depreciation.
Affordable supermarket entry price / attractive rental return.
Net income: $385,641 pa + GST.

Auction 2pm Tues 9 Dec, 50 Margaret St Sydney

Darren Beehag 0411 226 223

AUCTION

Auction date and time09/12/2014 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold9 Dec 2014
Sold Price$3,070,000
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2011503708
Category
Last updated  10 Dec 2014
Map for 8 Queen Street Woolgoolga NSW 2456

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Property Highlights

Date Sold9 Dec 2014
Sold Price$3,070,000
Floor AreaAsk Agent
Land Area1 m²
ParkingAsk Agent
Property ID2011503708
Category
Last updated  10 Dec 2014

Listed by

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223

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