10 Queen Street Woolgoolga, NSW 2456
24 Aug 2016
SOLD BY LJ HOOKER COMMERCIAL
The property adjoins Woolgoolga IGA, the only supermarket in the CBD.
Woolgoolga is currently enjoying a commercial renaissance with a substantial number of new businesses opening during the last 12 months including Woolworths, a substantial multi-level medical centre and a large variety of mixed retail shops, restaurant and cafes.
Proposed developments include a new prestige CBD hotel on the Woolgoolga Beach Motel site which is soon to commence.
Very popular with locals and visitors, the CBD is situated opposite Woolgoolga's main beach and the nearby headland offers panoramic Pacific Ocean views, ideal for whale watching.
Woolgoolga caravan park is situated within the CBD which increases the town's population density, particularly during holiday periods.
'Tursa House' is fully leased to long standing tenant Tursa Employment and Training Incorporated.
Tursa is a not for profit organisation founded in 1994, employing over 450 staff working in some 55 shopfronts, located between Forster and Noosaville and is one of the largest regional agencies in Australia.
The building accommodates modern ground floor retail space and first floor offices, with an approximate gross leasable area of 370m2.
Onsite parking is available at the rear.
The site enjoys a substantial frontage to busy Queen Street of 16.74 metres and a total site area of 337m2.
The property is leased to June 2018 with two and five year options extending to 2025.
The current net annual rental is $73,841 plus GST ($199.57/m2)
This prime investment opportunity enjoys the following features:
- Prime CBD position
- Adjoins busy IGA Supermarket
- High pedestrian traffic flows
- Excellent vehicular exposure and kerbside parking
- Long term tenant with modern fitout
- Fully leased to substantial regional not for profit organisation
- Attractive potential for rental growth
- Buoyant CBD commercial property market
- Thriving CBD with new Hotel soon to commence
- Attractive net return
- Accessible price range
- Low maintenance and easy to manage investment
- Perfect for SMSF
If you've been seeking a fully leased CBD investment within an accessible price range then CALL NOW!!!
Asking Price - $1,050,000 (7% net)
Contact Exclusive Marketing Agents LJ Hooker Commercial:
Deb Grimley 0434 301 550 email@example.com
Troy Mitchell 0417 695 915 firstname.lastname@example.org
LJ Hooker Commercial Coffs Harbour office (02) 6651 6711 email@example.com
The only local specialist commercial agency servicing The Coffs Coast.
Winners of The Major Real Estate Franchise Network Of The Year 2013, 2014 and 2015.
Property ID: 502077794Last Updated: 4 Nov 2016