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UNDER CONTRACT!!! Two Buildings - 3 Tenancies - Lsnd 101...

27 Park Avenue, Coffs Harbour, COFFS HARBOUR NSW, 2450

Sold

Property Sold in 27 Park Avenue, Coffs Harbour, COFFS HARBOUR NSW, 2450

Your Commercial Property Specialist

Suite 1, Level 1, Coffs Service Centre, 380 Pacific Highway, Coffs Harbour, NSW 2450

Listing ID:
11351467
Status:
Sold
Price:
Sale: $930,000 + Excl. tax
Last Updated:
06/07/2019
Icon building

Property Type

Medical/Consulting/Land/Development/Offices
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Land Area

1011 SQM
Icon size

Floor Area

419 SQM
Icon parking

Parking

N/A

UNDER CONTRACT!!! Two Buildings - 3 Tenancies - Lsnd 1011m2 - CBD of Coffs Harbour NSW CBD for $930,000

This well located complex is made up of three distinct areas - a 194m2 former Medical Centre; a 137m2 three bedroom residence above; and a separate 88m2 commercial office building, all located on a 1011.83m2 level site in the heart of the CBD of Coffs Harbour. It has the benefit of the highest commercial zoning of B3 Commercial Core. - all sizes approximate.

The most recent sale of vacant commercial land in the CBD of Coffs Harbour was at $914/m2 - this complex is real value at $920/m2. This centrally located site has been a medical centre since 1977 and the Health Professionals have now relocated making this sale opportunity available for you to either refurbish and lease out Suite 2, owner occupy Suite 2 or treat as a redevelopment site for the future.

The former Medial Centre comprises Reception/waiting area; 5 consulting rooms with individual examination rooms within; Procedure Room; Office Managers area; amenities and coffee making area all at ground level. This is currently vacant and is being advertised for lease at $46,560pa + GST net.

Above is a three bedroom apartment with a large open plan lounge, dining, kitchen area; bathroom and laundry and a covered balcony approximately 3.6m x 3.3m facing North. This area is accessed via a ramp. This residence is approximately 137m2. It currently has a lease of 6 months at $360.00 per week which expires in May 2017.

To one side at the road front is a separate building of approximately 88m2 comprising an open room suitable for reception and waiting area or as a showroom; a large office/consulting room; a smaller office and a store room with a tub plus a single car garage. This is leased to a well established local organisation for three years from February 2017 till February 2020 with the first years rent at $18,480 gross + GST.

Vehicles access the site from Park Avenue Lane at the rear and there is an unformed car park for approximately 14 vehicles. There is free timed parking in Park Avenue. and free council all day car parks near by.

Located in the Central Business District and it is a short walk to cafes, shops, banks and the Central Post Office.

A full Information Memorandum is available by contacting Steve Little on 0408 512 529 or email steve@stevelittle.com.au.

For more details, please email agent

Your Commercial Property Specialist

Suite 1, Level 1, Coffs Service Centre, 380 Pacific Highway, Coffs Harbour, NSW 2450


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