3 Offices Sold in Nambucca Heads

Affordable Mid North Coast Retail Investment. Fully Occupied: 8 Shops Leased to 6 Tenants.

Substantial 100% leased freehold retail investment.
Absolute prime main street location in centre of Nambucca Heads retail precinct.
Tenants include NRMA, real estate, takeaway, employment, insurance with stable occupancy history.
Thriving shopping precinct incl. CBA, Subway, Post Office.
Popular Mid-North Coast hotspot between Coffs and Port Mac.
Large 915 sqm land holding in main street.
Well presented building with internal arcade, NLA 690 sqm.
Secure basement car parking for 16 cars and rear access.
Future development/strata title potential (STCA).
Tenants pay outgoings, as per the leases...

CBA - Nambucca's Best Retail Investment A-Grade Covenant on Renewed Lease

Affordable commercial investment.
Commonwealth Bank is long term occupant.
Renewed 3 + 3 lease from December 2013.
Fronts main street pedestrian crossing.
Strong mid north coastal hotspot.
Strategic midway Coffs & Port Macquarie location.
Wide retail street frontage + lower ground level.
On site parking + rear lane access.
Tenant pays all outgoings including management.
Easily managed single tenant investment.
Net Income: $63,651 pa + GST.

Auction 2pm Tues 1 April, 50 Margaret St Sydney

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au

NAMBUCCA HEADS INVESTMENT...

Medical strata suite in busy professional centre.

Currently leased to strong tenant on a five (5) year term with three (3) years remaining, plus two x three (3) year options.

Key features of this property include:

- Approx. 178sqm
- Medical fitout
- Existing three (3) year term remaining on current lease with strong tenant in place.
- Rental return approx. $38,440.00 net pa
- Three (3) dedicated parking spaces with ample off street parking.

For further details contact exclusive sales executives;

Kel Gibson
M: 0407 665 360
P: (02) 6659 9888
E: kel@theedgecommercial.com....