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42-44 Hi Tech Drive Coffs Harbour, NSW 2450

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42-44 Hi Tech Drive,
Coffs Harbour, NSW 2450

Warehouse, Factory & Industrial

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Renewed Lease to Global Food Giant. Modern Warehouse - Rare Chilled Food Facility.

Lease extended to 2020 plus option to 2025.
Leased to Bidvest. $10 billion global food giant.
Annual CPI increases.
Modern facility constructed in 2003.
2,884 sqm building on 6,781 sqm land.
Business in occupation since construction.
Valuable depreciation benefits.
Substantial tenant paid chilled food handling area, over $1m replacement value.
Prime location in a tightly held area, close to airport.
Tenant pays all outgoings, as per lease.
Net Income: $246,020 pa + GST.

Property ID: 501668257Last Updated: 25 Nov 2015

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42-44 Hi Tech Drive
Coffs Harbour, NSW 2450
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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