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Burgess Rawson - Sydney
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2 Moonee Street Coffs Harbour, NSW 2450

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For Sale - Expression of Interest

2 Moonee Street Coffs Harbour, NSW 2450

Hotel & Leisure • Shop & Retail • Offices
Sale Price

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Land area

1612.0m²

Floor area

1178.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Return

8.0% p.a.

Outstanding Landmark Hotel Investment 31 Year Lease Expiring 2039

  • Pacific Highway Landmark Investment
  • Long 31 year lease
  • Fully refurbished premises
The Coast Hotel – Coffs Harbour’s leading CBD hotel
For Sale by Deadline Private Treaty
Closing 4pm Tuesday 21 May 2019
Indicative Price: $6.25m (circa 8% net return)

Set and forget investment of immaculate presentation
Large corner site of 1,612 sqm with parking
Long term liquor industry experienced operator featuring 2 bars, gaming room, beer garden, guest rooms
Sale includes Hoteliers Licence and 15 poker machine entitlements
Secure investment with impeccable rental payment history
Net lease, tenant pays all outgoings, as per lease

Net Income: $492,307 pa + GST

Property ID: 503170958Last Updated: 22 May 2019

Burgess Rawson - Sydney
2 Moonee Street
Coffs Harbour, NSW 2450
Darren Beehag
Dean Venturato

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000

Agency contacts

Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Deane Moore
Burgess Rawson - Sydney
2 Moonee Street Coffs Harbour, NSW 2450

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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