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Sold on 24 Feb 2020

36 Moonee Street Coffs Harbour NSW 2450

  • Offices
  • 300 m²
  • Sold

MODERN OFFICE INVESTMENT WITH LONG TERM LEASE TO HIGH QUALITY TENANT

This property comprises a modern CBD investment which is subject to a new 5+5+5 year lease from 1/7/19.

The net annual rental is $67,500 + GST with annual 2.5% increases and the tenant pays 100% of the propertys outgoings.

The building accommodates an approximate gross leasable area of 300m2 plus seven onsite car spaces.

The premises comprises a very popular cafe, desk hot spotting space and leased office suites.

The accommodation includes partitioned and open plan offices, lunchroom, separate female, male, and accessible amenities and an undercover outdoor area.

The approximate total site area is 544m2 with vehicular rear lane access via West High Street.

The property is located in popular Moonee Street, amongst multi-level office buildings, cafes, restaurants and only a short stroll to Harbour Drive, Coffs Harbours prime retail trading strip.

This prime investment enjoys the following features:
Attractive net return with annual increases
Long term lease with options to 2034
Tenant pays all outgoings
Affordable price range
Popular CBD location
Convenient position
Easy access and plentiful parking
Modern ground floor premises
Refurbished open plan and partitioned offices
Excellent amenities
Generous onsite car parking

If youve been waiting for an affordably priced CBD investment offering a long term lease to a high quality tenant then CALL NOW!

The asking price of $1,040,000 (GST exempt) shows an attractive net return of 6.5%.

For all further details contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Louise Mitchell lmitchell@ljhcoffs.com

LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 coffsharbour@ljhc.com.au

The leading specialist commercial agency servicing The Coffs Coast.

Address36 Moonee Street Coffs Harbour NSW 2450
ZoningB3 Commercial Core
CouncilCOFFS HARBOUR CITY COUNCIL
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015379319
Date Sold24 Feb 2020
Floor Area300 m²
Land Area544 m²
Parking7 x Onsite parkings
Category
Last updated  24 Feb 2020
Map for 36 Moonee Street Coffs Harbour NSW 2450
Map for 36 Moonee Street Coffs Harbour NSW 245036 Moonee Street Coffs Harbour NSW 2450
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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LJ Hooker Commercial Coffs Harbour
40 Harbour Drive Coffs Harbour NSW 2450

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