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CBRE - NSW

40 Mackays Road Coffs Harbour, NSW 2450

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40 Mackays Road,
Coffs Harbour, NSW 2450

Medical & Consulting • Shops & Retail • Other

Key property information

Land area

Floor area

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Tenure type

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CBRE - NSW
Michael Vanstone
Kieran Bourke

CBRE - NSW

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - NSW
40 Mackays Road
Coffs Harbour, NSW 2450

Map of 40 Mackays Road

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Essential Service Freehold Medical Investment

  • Brand New 5 year lease
  • Attractive 3% pa Rent Increases
  • Tenant Responsible for Outgoings
Burgess Rawson is pleased to offer to the market 40 Mackays Road, Coffs Harbour for sale via our Auction Investment Portfolio 156.

The freehold property has the following investment highlights:

+ Brand new 5 year lease plus options to 2037
+ Mid North Coast Cardiac Services: medical specialists in occupation for 20+ years
+ Tenant responsible for outgoings
+ Attractive 3% pa rent increases
+ Immaculate 209sqm* medical centre recently upgraded 2021 (circa $200,000 spent allowing for generous tax depreciation benefits), with 4 valuable car spaces
+ Prime 702sqm* freehold site ideally located directly opposite large Ramsay Private Hospital with new ICU, CCU, Cath Lab and surgical suites, only private hospital on the Mid North Coast Region from Gold Coast to Port Macquarie
+ The business serves the entire Mid North Coast with a growing catchment population of over 281,000 residents
+ Net Income: $110,000 pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*approx

Coffs Harbour, 2450 demographic data

The median household income for Coffs Harbour is $1,231, 14% lower than Regional New South Wales's household income of $1,434. Coffs Harbour has a similar age profile compared to the rest of Regional New South Wales (median age 43). Property ownership data shows 41% of property owners in Coffs Harbour have a mortgage.

27,089
Population
$1,231 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

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