This high quality, purpose built industrial property, is subject to a new lease to Stramit Building Products.
Stramit have occupied the building since completion in 1991.
Stage 2 has an expired council approval for expansion if required.
The property occupies a prime location in popular Mansbridge Drive, a short distance from North Boambee Road, among other quality businesses, including Laminex Industries, Australia Post, The Good Guys, Super Amart, BCF and Captain Snooze.
Access to the highway, via North Boambee Road, is less than one kilometre away.
Coffs Harbour's burgeoning CBD lies 3 kilometres to the north.
The airport, Coffs Harbour Health Campus, Southern Cross University and International Sports Stadium are close by.
The purpose built high clearance building has an approximate gross leasable area of 1,668.5m2 and including a 6.3 metre gantry crane.
A concrete sealed hardstand area, is subject to an expired DA for an additional building of 975m2, with concrete slab and footings insitu.
Total site area is 3,600m2, a 60 metre street frontage and is zoned IN1 under Coffs Harbour LEP 2013.
Stramit Building Products is a major Australian manufacturer of roll-formed steel building products, including roof and wall cladding, gutter, fascia, purlins, flooring and structural formwork.
Stramit have occupied the building for 24 years.
A new 3+2 year lease commences August 2015.
100% of the outgoings are paid by Stramit.
The net annual rental is $130,000 ($78/m2) plus GST with annual CPI increases.
This guilt edged investment offers annual rental growth and capital appreciation.

Investment features include:
- Prime industrial location
- High quality purpose built building
- Excellent lease covenant
- Affordable price range
- Attractive net return
- Annual rental growth
- 100% outgoings paid by the lessee
- Single tenanted easy to manage investment

If you've been looking for a quality industrial investment offering an attractive return and within an affordable price ranger then CALL NOW !!!


For all further details on this outstanding investment contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 9...
Deb Grimley 0434 301 550