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Leased to global business tenant paying 100% of outgoings...

7-9 Buckman Close, TOORMINA NSW, 2452

For Sale

Property for Sale in 7-9 Buckman Close, TOORMINA NSW, 2452

Your Commercial Property Specialist

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

Listing ID:
11338716
Status:
Active
For:
Sale
Price:
$2,950,000 + GST (If applicable)
Last Updated:
16/11/2019
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Property Type

Industrial/Warehouse/Showrooms/Bulky Goods
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Land Area

2771 SQM
Icon size

Floor Area

2509 SQM
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Parking

N/A

Leased to global business tenant paying 100% of outgoings*. Price guide circa 7% return.

Level block of approx. 2,771m2 with GLA of approx. 2,509m2 plus undercover parking and generous concrete hardstand areas.

Net annual income showing approx. $191,190 + GST.

Leased to successful global business Vulcanic TEE's until 2022 with a 5-year option, this property is listed both individually and as a package with adjoining property 5 Buckman Close, Toormina - which is also leased to Vulcanic TEE for their storage requirements.
Strong investment prospect in popular location.

Vulcanic TEE boast 12 businesses worldwide created over 45 years of operation and specialise in custom made heating solutions.

Investment options with this calibre of tenant are rare to find in regional areas.

7-9 Buckman Close is located in a popular industrial estate at the end of cul de sac providing excellent turning circle for large vehicles.

Certainly one of the most attractive industrial buildings on the Coffs Coast... 7-9 Buckman Close provides ground and first floor air conditioned office space with bathroom and kitchen facilities; large, high clearance warehouse space with separate factory lunch room and amenities and the added benefit of multiple, multi-functional mezzanine areas throughout the building.

KEY FEATURES Include:-

- Global business tenant
- Tenant pays 100% of outgoings**
- Air-conditioned reception, offices and board room facilities
- Separate office and factory lunchroom and amenities
- Attractive street appeal
- Approx. 26m frontage to Buckman Close
- Wide, dual concrete driveways
- Double gates
- Fully fenced***
- High clearance warehouse with good cross-ventilation
- Multiple high and wide roller door access
- Generous hardstand area at front of building
- Undercover parking area
- Close proximity to Pacific Highway
- Good semi-trailer access to estate
- NBN ready
- Zoned IN1 General Industrial

Toormina is a suburb in the City of Coffs Harbour, on the east coast of New South Wales, Australia approximately halfway between Brisbane and Sydney. Located in the city's south, Toormina provides easy access to the Pacific Highway; is close to the airport, international sporting stadium and university/education campus.

Investment property in Toormina has done well for investors when compared to the country as a whole over the last 12 months (Source: CoreLogic).

The property is only meters from the adjoining, iconic seaside suburb of Sawtell, which is in the TOP 20% in NSW when comparing median price capital growth over the last year. (Source: CoreLogic).

**** THIS PROPERTY IS ALSO BEING OFFERED FOR SALE AS A BUNDLE WITH ADJOINING PROPERTY 5 BUCKMAN CLOSE, TOORMINA NSW 2452 ****

To secure this premises contact exclusive Agents - Your Commercial Property Specialist:-

Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Michael Ball: 0437 414 022 or michael@yourcps.com.au
Office: (02) 5606 2444 or admin@yourcps.com.au

We are your commercial property people - and we look forward to securing this property for you/your client.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information.
*Subject to Council Approval **Outgoings lessee's percentage per Clause 4 of lease is 100%
***Western boundary fence not currently in place due to Vulcanic TEE leasing both properties.

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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