Shop 13, "Colonial Arcade" 25-27 Hay Street,,
Port Macquarie, NSW 2444
Shops & Retail • Offices • Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Sold on
Map
Affordable CBD Commercial Investment
* Cafe premises with shop area of 98 sqm approx, located in well known "Colonial Arcade", part of the retail heart of the main street in Port Macquarie
* In addition to the shop premises is two (2) secure basement car spaces on title.
* The Colonial Arcade comprises of 15 separately owned ground floor shops offering a variety of retail, food and office service providers, plus 8 First floor office tenancies
* Being sold subject to existing lease which is for a period of 3 years commencing late 2016, plus 3 year option to extend.
* Premises is currently set up and utilised for food usage with inclusions in the sale contract of: Air conditioning, Coolroom, Stainless steel benches, sinks and counters, plus Range hood and grease arrestor.
* Valuable customer parking at the door step plus access to all day parking within a short walk for staff.
* The location benefits from many established businesses close by increasing pedestrian traffic flow, including Port Central Shopping Centre with over 50 Specialty shops, ensuring a strong mixture of customers being drawn in and around the arcade.
* Net income of $21,456 PA GST Ex approx. (After council rates and stata levies expenses are paid by property owner)
* Annual rental increases by CPI
* Bond in place and lodged with the Office of Fair Trading
* Outgoings payable by property owner - comprising of Council Rates at $2,800 PA approx. and Strata Levies at $1,740 per Qtr.
* Ideal for SMSF or investors looking to add an easily managed property to their portfolio.
* Port Macquarie Hastings has a strong resident population of 80,261 people. The population is forecast to grow by over 28% to 102,926 by 2036.
* We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
* Call Raine & Horne Commercial Port Macquarie
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...
* In addition to the shop premises is two (2) secure basement car spaces on title.
* The Colonial Arcade comprises of 15 separately owned ground floor shops offering a variety of retail, food and office service providers, plus 8 First floor office tenancies
* Being sold subject to existing lease which is for a period of 3 years commencing late 2016, plus 3 year option to extend.
* Premises is currently set up and utilised for food usage with inclusions in the sale contract of: Air conditioning, Coolroom, Stainless steel benches, sinks and counters, plus Range hood and grease arrestor.
* Valuable customer parking at the door step plus access to all day parking within a short walk for staff.
* The location benefits from many established businesses close by increasing pedestrian traffic flow, including Port Central Shopping Centre with over 50 Specialty shops, ensuring a strong mixture of customers being drawn in and around the arcade.
* Net income of $21,456 PA GST Ex approx. (After council rates and stata levies expenses are paid by property owner)
* Annual rental increases by CPI
* Bond in place and lodged with the Office of Fair Trading
* Outgoings payable by property owner - comprising of Council Rates at $2,800 PA approx. and Strata Levies at $1,740 per Qtr.
* Ideal for SMSF or investors looking to add an easily managed property to their portfolio.
* Port Macquarie Hastings has a strong resident population of 80,261 people. The population is forecast to grow by over 28% to 102,926 by 2036.
* We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
* Call Raine & Horne Commercial Port Macquarie
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...
Property ID: 502764554Last Updated: 27 May 2018
Shop 13, "Colonial Arcade" 25-27 Hay Street,
Port Macquarie, NSW 2444
Raine & Horne Commercial - Port MacquarieShop 3, Quayside Building, 136 william Street
PORT MACQUARIE, NSW 2444
PORT MACQUARIE, NSW 2444
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$1,850,000
21 Clarence Street,Port Macquarie, NSW 2444 384 m²Shops & Retail • Development Sites & Land
Contact Agent
30-36 Hollingworth Street,Port Macquarie, NSW 2444 200 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
1A Bay Street,Port Macquarie, NSW 2444 876 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial