194 Pacific Highway, Coffs Harbour NSW 2450

Sold

1005 SQM

SOLD BY MATT O'GAREY 0423 790 525

Occupying an elevated location on the Pacific Highway with exposure to over 60,000 vehicles daily, this prime site ensures maximum business exposure. Anchored by a national chain commercial tenancy until November 2018, this rare offering also offers the diversity and security of a residential tenancy occupying the spacious, renovated 2 bedroom apartment set back from the street. The apartment also boasts plenty of storage options, air conditioning and an additional study nook. Returning $61,891.50 in gross rental returns across both tenancies this represents an outstanding investment opportunity! In fact, 194 Pacific Highway is the perfect investment strategy for your portfolio or SMSF. This is an exciting opportunity to secure a rarely offered, diverse investment property positioned in a tightly held precinct supported by a flexible B6 zoning. Capitalise on what will be a sought after opportunity – secure & reap the returns now!

Commercial returns: $38,065 + GST
Residential returns: $20,020
Total gross return: $61,891.50 inc GST

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