6 Fully Leased Shops with Redevelopment Potential

Description

Complimentary mix of six longstanding retailers with leases up until 2020.
High-profile busy location with 30 metre Pacific Highway frontage.
Massive CBD site of 1,229 sqm.
Total net lettable area of 604 sqm.
Large rear carpark for 18 vehicles and rear loading.
Coffs Harbour: high growth coastal centre with 70,000 population producing $4.3 billion in GDP and growing at 5.9% pa
CBD Core site zoning allows significant redevelopment to 9 level height and 3.5:1 FSR (STCA ) for retail, office & residential.
Already registered as 6 shop subdivision (to be sold in one line).
Net Income: $118,626 pa + GST.

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Darren Beehag Partner
0411 226 223
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Coffs Harbour, NSW

P115 - 63-73 Grafton Street

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