This prime retail investment offers an investor an excellent opportunity to acquire an attractive, high yielding CBD investment, situated adjacent to Woolworths in the Coffs Harbour CBD.
The CBD is currently enjoying a renaissance following the recent completion of three new office buildings, a Coles Supermarket and the major refurbishment of 'Coffs Central' retail centre.
The property is offered for sale subject a 3+3 year lease back to the Telstra Shop, a high quality long term occupant of the premises.
The new 3 year lease would commence upon settlement.
The gross annual rental is $26,000 p.a. plus gst with annual rental increases.
The owner is responsible for the payment of strata levies and council rates, being approximately $5,000.
The approximate net annual rental income is $21,000, which shows a return of 7.5% on the asking price.
The successful purchaser is able to have input into the proposed terms and conditions of the new lease.
The premises accommodates an approximate area of 70m2.
This property offers an extremely affordable entry price into owning a prime Coffs Harbour CBD retail investment so CALL NOW !!!

Features of this outstanding investment opportunity include the following attributes :-
- Prime CBD location
- Situated adjacent to national retailer Woolworths The Fresh Food People
- New long term lease to a high quality tenant
- Very affordable CBD retail entry price
- Excellent high return
- Annual rental increases

For further details contact exclusive marketing agents LJH Commercial Coffs Harbour:-
Troy Mitchell 0417 695 9... tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

The only specialist commercial agency servicing The Coffs Coast.