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Unit 9, 84-89 Industrial Drive Coffs Harbour, NSW 2450

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Unit 9, 84-89 Industrial Drive,
Coffs Harbour, NSW 2450

Warehouse, Factory & Industrial

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PRIME INDUSTRIAL STREET FRONTAGE LEASED INVESTMENT

Unit 9 comprises a modern concrete tilt high clearance industrial unit which provides high quality industrial storage and air conditioned office space.

The unit is leased to O’Donnell Hanlon for five years from 1/7/18 with 2 x 1 year options to align with their Government contracts.

O’Donnell Hanlon is a NSW based family owned building firm established in 1974.
Services include design, construction, project management and asset maintenance.

Their head office is in Kempsey with regional offices in Coffs Harbour, Goonellebah and Tamworth for asset management purposes.

The net annual rental from 1/7/19 is $74,160 plus GST, which is reviewed annually by 3% increases and the tenant pays all property outgoings.

The unit accommodates an approximate ground floor area of 553m2, including partitioned offices of 288m2 plus mezzanine storage of some 102m2.

Unit 9 is located in a popular 10 unit strata title complex which enjoys drive through access from Industrial Drive.

Accommodation includes automatic roller door access, heavy duty steel mezzanine, air conditioned offices and excellent amenities.
Generous onsite car parking is available adjacent to the property’s street frontage.

The unit occupies a high profile position facing Industrial Drive, within Isles Industrial Park, Coffs Harbour’s premier industrial estate located some 3 kilometres from the CBD.

The unit enjoys the following features:
- Popular position
- Premier industrial location
- 500m to Pacific Highway
- 500m to the proposed motorway by-pass
- Conveniently located to CBD, hospital, university & airport
- Modern high clearance space
- Excellent features
- Fully compliant
- Long term lease to a quality tenant
- Attractive net return

If you have been seeking a modern high quality industrial investment in sought after Isles Industrial Park then CALL NOW!!!

The asking price of $1,150,000 shows an attractive net return of some 6.5%.

For all further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial.

Troy Mitchell 0417 695 9... tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

LJ Hooker Commercial Coffs Harbour office (02) 6651 67... coffsharbour@ljhc.com.au

The leading local specialist commercial agency servicing The Coffs Coast.

Property ID: 503218050Last Updated: 3 Dec 2019

04176959...
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Unit 9, 84-89 Industrial Drive
Coffs Harbour, NSW 2450

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