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Sold on 14 Oct 2019

Unit 9/84-89 Industrial Drive Coffs Harbour NSW 2450

  • Industrial / Warehouse
  • 655 m²
  • Sold

PRIME INDUSTRIAL STREET FRONTAGE LEASED INVESTMENT

Unit 9 comprises a modern concrete tilt high clearance industrial unit which provides high quality industrial storage and air conditioned office space.

The unit is leased to ODonnell Hanlon for five years from 1/7/18 with 2 x 1 year options to align with their Government contracts.

ODonnell Hanlon is a NSW based family owned building firm established in 1974.
Services include design, construction, project management and asset maintenance.

Their head office is in Kempsey with regional offices in Coffs Harbour, Goonellebah and Tamworth for asset management purposes.

The net annual rental from 1/7/19 is $74,160 plus GST, which is reviewed annually by 3% increases and the tenant pays all property outgoings.

The unit accommodates an approximate ground floor area of 553m2, including partitioned offices of 288m2 plus mezzanine storage of some 102m2.

Unit 9 is located in a popular 10 unit strata title complex which enjoys drive through access from Industrial Drive.

Accommodation includes automatic roller door access, heavy duty steel mezzanine, air conditioned offices and excellent amenities.
Generous onsite car parking is available adjacent to the propertys street frontage.

The unit occupies a high profile position facing Industrial Drive, within Isles Industrial Park, Coffs Harbours premier industrial estate located some 3 kilometres from the CBD.

The unit enjoys the following features:
- Popular position
- Premier industrial location
- 500m to Pacific Highway
- 500m to the proposed motorway by-pass
- Conveniently located to CBD, hospital, university & airport
- Modern high clearance space
- Excellent features
- Fully compliant
- Long term lease to a quality tenant
- Attractive net return

If you have been seeking a modern high quality industrial investment in sought after Isles Industrial Park then CALL NOW!!!

The asking price of $1,150,000 shows an attractive net return of some 6.5%.

For all further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial.

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

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

The leading local specialist commercial agency servicing The Coffs Coast.

AddressUnit 9/84-89 Industrial Drive Coffs Harbour NSW 2450
ZoningIN1 General Industrial
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 ID2015329185
Date Sold14 Oct 2019
Floor Area655 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  14 Oct 2019
Map for Unit 9/84-89 Industrial Drive Coffs Harbour NSW 2450
LJ Hooker Commercial Coffs Harbour
40 Harbour Drive Coffs Harbour NSW 2450

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