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A True Masterpiece
WOOLGOOLGA

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Prime Woolgoolga Retail - Long Lease in Place
Expressions of Interest




Property Location: Shops 1 & 2 16 Market St WOOLGOOLGA - COFFS HARBOUR - NSW

Listing Id: 18647815  

Details

Bedrooms: 1    Bathrooms: 1    Garages: 3   

Land

Size: 230 Square Mtr Approx  

Description: Cardow & Partners are proud to present to the market this excellent commercial property in the thriving Woolgoolga CBD.

This amazing opportunity is too good to miss & is returning far better than bank interest.

On offer in a quality position with prime exposure is a as new commercial property operating with the existing original tenant called "Rustic Mezedes".

The business is a well renowned Woopi institution serving quality cuisine and is a very popular café/restaurant.

This Commercial property is

- Perfect for self-managed superfund or a savvy investor looking for a long term asset.
- Excellent investment opportunity with future potential.
- The building was built late 2013.
- Commercially Zoned. On offer is 2 x shops (under 2 titles) operating as Rustic Mendes.
- Highly exposed 230sqm retail area.
- Ten (10) year lease in place started 1/2014. A 5x5 set up.
- Premises also include a separate storeroom & toilet/rest room.
- Included on title is 3 car retail car park at rear.
- Adjoining council-owned car park is a bonus.
- Other tenants under existing strata are a rear Doctors Practice and 6 separate apartments above all under individual owners.
- Annual income is $79,354 inc GST per annun (See lease-Annual review with CPI or current market rent increases.)
- A Gross Return of over 6.6% approx.
- Outgoing is 60% of lettable area ground floor only & everything is paid by Tenant.
- All positioned less than 250 metres from beaches.

Woolgoolga has grown and become an extremely popular little commercial hub & exciting plans are in progress for the future.

Be quick to take advantage of this Blue Chip offering.


Prime Woolgoolga Retail - Long Lease in Place
Expressions of Interest


Contact Cardow & Partners Property Woolgoolga Today!!!

Contact Mark Killian
Phone 0427 027 372

Property ID:18647815

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