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2 Riverside Drive
Nambucca Heads NSW 2448
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Sold on 15 May 2019

2 Riverside Drive Nambucca Heads NSW 2448

  • Shop & Retail
  • 2,360 m²
  • Sold

Affordable Freehold Investment Opportunity Fully Leased to Established Tenants

For Sale

Substantial and highly exposed 2,360 sqm corner site with huge 110 metre double frontage
Possible future residential development upside (STCA)

Convenient location close to Nambuccas main retail strip, Bowra Street
Popular Mid-North Coast hot spot between Coffs Harbour & Port Macquarie

Riverside Motors (NRMA Service Contractor): renewed 3 year lease until Nov. 2021 plus option to 2024 (business occupied 50+ years)
Nambucca RSL: 3 year lease until April 2020 plus option to 2023
Garden Centre: 4 year lease until August 2019 plus options to 2025
Annual rent increases assuring growth

Net Income: $67,394 pa + GST

Property Highlights

Date Sold15 May 2019
Floor AreaAsk Agent
Land Area2,360 m²
ParkingAsk Agent
Property ID2014758213
Category
Last updated  15 May 2019
Map for 2 Riverside Drive Nambucca Heads NSW 2448

Nearest transport* to 2 Riverside Drive Nambucca Heads NSW 2448

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Property Highlights

Date Sold15 May 2019
Floor AreaAsk Agent
Land Area2,360 m²
ParkingAsk Agent
Property ID2014758213
Category
Last updated  15 May 2019
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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