Share this property

84-86 Hyde Street Bellingen, NSW 2454

Directions

84-86 Hyde Street,
Bellingen, NSW 2454

Shop & Retail • Warehouse, Factory & Industrial • Development Sites & Land

Price information

Sold

$1,180,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 84-86 Hyde Street

Directions

SOLD BY LJ HOOKER COMMERCIAL

'Foster's Garage' is an iconic long established business, situated in the very popular town centre of Bellingen, on the Mid Coast of NSW, some 30 minutes' drive south west of Coffs Harbour.
The business has been operating from this prime site for over four decades, assisting both locals and tourists with excellent automotive services.
The property has an approximate site area of 1,850m2 and occupies a central position within Bellingen CBD.
The site enjoys an approximate main road frontage to Hyde Street of 48m2 and rear lane frontage of some 40 metres.
The existing improvements generally represent an under-development of this prime commercial site.
The property enjoys potential for a number of options, including an owner occupier taking the business to the next level, an investor acquiring the property and entering into leases to generate rental income or a developer acquiring the site for redevelopment.
Redevelopment options include ground floor retail/commercial space with first floor Hostel/Tourist/Visitor accommodation.
The property is offered for sale by Expressions Of Interest on a 'Walk-In Walk-Out' basis.
The business retails BP fuel with a total holding tank capacity of 18,000 litres.
Some 16,000 litres are sold on average each week, in addition to the service and maintenance of vehicles, mechanical/hardware retail sales, ice, gas refilling, an NRMA franchise and a Bananacoast Community Credit Union ATM.
Gross annual turnover is approximately $1.6mil.
The business has been owner operated by Carl Foster since 1968.
Substantial potential exists for the business to generate increased sales and profitability.
The purpose built automotive showroom/garage has an approximate gross floor area of 490m2 plus an attached awning of 90m2.
There are three bowsers, comprising a dual Premium Unleaded/91 Octane bowser, a dual 91 Octane bowser and a single Diesel bowser.
The property is well maintained.
Features of this once in a generation offering include the following :-
- Prime retail site
- Huge street frontage
- Rear lane access
- Popular Bellingen town centre
- Potential to increase business performance, lease out or redevelop.
- An iconic and very well known property

If you have been waiting for such an opportunity to arise in central Bellingen, then call for your copy of the Information Memorandum.

For sale by Expressions Of Interest closing 19th November, 2014.

For all further details, contact Exclusive Marketing Agents LJ Hooker Commercial.

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

The only local specialist commercial agency servicing The Coffs Coast.

Winners of The Major Real Estate Franchise Network Of The Year 2013 and 2014.

Property ID: 501340143Last Updated: 10 Nov 2015

realcommercial.com.au logo
84-86 Hyde Street
Bellingen, NSW 2454

Agency contacts

LJ Hooker Commercial - Coffs Harbour
LJ Hooker Commercial - Coffs Harbour
40 Harbour Drive
COFFS HARBOUR, NSW 2450
View agency profile

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.
progress tick

Sending email...

Email enquiry

Send to:

Deb Grimley
LJ Hooker Commercial - Coffs Harbour
84-86 Hyde Street Bellingen, NSW 2454

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call

  • Deb Grimley

    LJ Hooker Commercial - Coffs Harbour
    0434 *** ***
  • Troy Mitchell

    LJ Hooker Commercial - Coffs Harbour
    0417 *** ***