Exceptional opportunity to obtain multiple office suites under one strata lot in the heart of the CBD. ‘Garden Terrace” is one of the most recognized and well established CBD Office complexes in Coffs Harbour. Lot 15 @ 6 Elbow Street comprises of four offices, fully let and secured by 3 established tenancies. Currently returning an attractive 7.42% NETT YIELD based on a purchase price of $1,950,000.00. All leases are built with an attractive 3.5% pa rent increase and review to market at the end of the initial term. Additional benefits include 10 undercover, secure car spaces with remote access, disabled lift access, modern amenities and recent refurbishment of all lots including paint and flooring. Contact Matt OGarey for more information on this exceptional opportunity.
[email protected]
02 66500 / 655 or 0423 790 525

Shop 5 & 8: Kelly Accounting:
Lease exp 30 June 2017. 3 + 3 option

Shop 9: NBN Co:
Lease exp 19 Feb 2017. 3 + 2 option

Shop 9a: Australia Post:
Lease exp 28 Feb 2018. 5 + 5 option

This is the ideal proposition for a SMSF or any astute investor. With interest rates at record low levels, this is a rare opportunity to purchase CBD offices with quality tenancies in place. The owner is motivated to sell and offers will be considered.