8/44-52 Moonee Street,
Coffs Harbour, NSW 2450

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Map of 8/44-52 Moonee Street

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Investment Strata Shop - Leased Cafe - To March 2023 + 5 years option

This leased strata shop is one of only four cafes on the Western side of the Pacific Highway in this commercial precinct within the CBD of Coffs Harbour NSW and is offered for sale as an investment property. "Thirst for Thirst'" lease expires 31 March 2023 and the Lease has an options for a further 5 years. The present operator has been there for the past seven and a half years and has an excellent following and has no intention of relocating. The current net rent after rates and strata levy is approx. $12,500.

The café is 50m2 and has a car space on site at the rear and is in a complex of nine lots. It also has some footpath seating. There is a goods delivery entrance from the rear lane behind.

The popular cafe is located amongst a number of restaurants in Moonee Street, fast becoming an "eats street" in the commercial district of Coffs Harbour. This area is home to many State and Federal Government departments, lawyers, accountants, Telstra, the Advocate newspaper real estate agents, Banana Coast Credit Union etc and this café does a roaring trade from early morning.

Asking $220,000.

Contact us today for your Information Memorandum, for full details, at steve@stevelittle.com.au or 0408 512529. Asking $210,000.

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

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