This high profile investment property occupies a prominent position within the booming Nambucca Heads CBD.
The building's high brick facade and shop front awning extend the full width of the site's 19.35 metre main street frontage.
The solid building accommodates four leased commercial suites fronting busy Mann Street.
The shops enjoy individual glazed shopfronts and street access, offering excellent convenience and exposure.
Behind the rear of the brick façade, the part two and three storey timber clad building accommodates five very popular town centre two bedroom units.
The residential and commercial income generation is split some 62% and 38% respectively.
The investment generates an approximate net rental income of $63,227 which shows a net return on the asking price of $895,000 of 7%.
The property enjoys the following features:
- Prime CBD position
- High profile location
- Wide main street frontage
- Attractive residential/commercial tenancy mix
- Popular and affordable town centre units
- Secure tenancy history
- Four purpose built shops
- Booming town centre
- Sought after net return
If you've been looking for a sound investment opportunity then CALL NOW!!!
For further details contact Exclusive Marketing Agents LJH Commercial Coffs Harbour
