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2 Riverside Drive Nambucca Heads, NSW 2448

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2 Riverside Drive,
Nambucca Heads, NSW 2448

Shops & Retail • Showrooms & Large Format Retail

Key property information

Land area

Floor area

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Map of 2 Riverside Drive

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Entry Level Freehold

For Sale by Expressions of Interest (Unless Sold Prior)

Closing 4pm AEDT Thursday 6 December 2018

Substantial and highly exposed 2,360 sqm corner site with huge 110 metre double frontage

Possible future residential development upside (STCA)

Convenient location close to Nambucca's main retail strip, Bowra Street

Popular Mid-North Coast hot spot between Coffs Harbour & Port Macquarie

Key Features Include:
- Fully leased entry level
- Substantial 2,360 sqm corner site
- Huge 110m Double Frontage

Riverside Motors (NRMA Service Contractor): renewed 3 year lease until Nov. 2021 plus option to 2024 (business occupied 50+ years)

Nambucca RSL: 3 year lease until April 2020 plus option to 2023

Garden Centre: 4 year lease until August 2019 plus options to 2025

Annual rent increases assuring growth

Net Income: $67,394 pa + GST

For further information please contact Your Commercial Property Specialist:

Cherie Parik: 0423 369 9... or cherie@yourcps.com.au
Michael Ball: 0437 414 022 or michael@yourcps.com.au

Your Commercial Property Specialist office: (02) 5606 24... or admin@yourcps.com.au

We're your commercial property people - and we look forward to securing this premises for you.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information.

Nambucca Heads, 2448 demographic data

The median household income for Nambucca Heads is $839, 41% lower than Regional New South Wales's household income of $1,434. Nambucca Heads has an older age profile compared to the rest of Regional New South Wales (median age 57 vs 43). Property ownership data shows 25% of property owners in Nambucca Heads have a mortgage.

6,675
Population
$839 per week
Median household income
57 years
Median age
Owners
Most residents
Families
Most households
0423 369 9...
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2 Riverside Drive
Nambucca Heads, NSW 2448

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