2 Riverside Drive, Nambucca Heads NSW

For Sale

Retail

FOR SALE - Expression of Interest

1m2

For Sale by Expressions of Interest (Unless Sold Prior)

Closing 4pm AEDT Thursday 6 December 2018

Substantial and highly exposed 2,360 sqm corner site with huge 110 metre double frontage

Possible future residential development upside (STCA)

Convenient location close to Nambucca's main retail strip, Bowra Street

Popular Mid-North Coast hot spot between Coffs Harbour & Port Macquarie

Key Features Include:
- Fully leased entry level
- Substantial 2,360 sqm corner site
- Huge 110m Double Frontage

Riverside Motors (NRMA Service Contractor): renewed 3 year lease until Nov. 2021 plus option to 2024 (business occupied 50+ years)

Nambucca RSL: 3 year lease until April 2020 plus option to 2023

Garden Centre: 4 year lease until August 2019 plus options to 2025

Annual rent increases assuring growth

Net Income: $67,394 pa + GST

For further information please contact Your Commercial Property Specialist:

Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Michael Ball: 0437 414 022 or michael@yourcps.com.au

Your Commercial Property Specialist office: (02) 5606 2444 or admin@yourcps.com.au

We're your commercial property people - and we look forward to securing this premises for you.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify the information.