This Blue Chip Investment opportunity is located in Orlando Street, a major artillery 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
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