FOR SALE
$1,150,000 GST Exempt

3/5-7 Elswick Place
North Boambee Valley NSW 2450

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PRIME INDUSTRIAL INVESTMENT

Unit 3 comprises a prime industrial unit with prominent street frontage.
The unit is situated with Isles industrial Park, Coffs Harbour's premier industrial location.
Unit 3 is leased to Telum, a specialist building infrastructure workforce training company operating since 1989.
Telum are a National tenant who are a long-term occupant having been in occupation since January 2016.
Telum's two-year lease expires without option in January 2026, at which time an investor can increase the rental, or an owner occupier can take possession.
Unit 3 is fitted out to a high standard and comprises two receptions, partitioned and open plan offices, generous amenities and high clearance warehouse space with two roller doors.
The unit accommodates a gross leasable area of 648m2 including mezzanine partitioned offices of 218m2.
Six onsite car spaces are available.
Isles Industrial Park is Coffs Harbour's go to industrial location.
This prime industrial unit enjoys the following features:
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Property Details for 3/5-7 Elswick Pl, North Boambee Valley

Building Type
Commercial

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About North Boambee Valley 2450

The size of North Boambee Valley is approximately 12.4 square kilometres. It has 5 parks covering nearly 13.9% of total area. The population of North Boambee Valley in 2011 was 1,575 people. By 2016 the population was 2,002 showing a population growth of 27.1% in the area during that time. The predominant age group in North Boambee Valley is 70-79 years. Households in North Boambee Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Boambee Valley work in a professional occupation. In 2011, 76.3% of the homes in North Boambee Valley were owner-occupied compared with 76.6% in 2016.

North Boambee Valley has 1,344 properties. Over the last 5 years, Houses in North Boambee Valley have seen a 59.73% increase in median value, while Units have seen a 58.91% increase. As at 30 November 2024:

  • The median value for Houses in North Boambee Valley is $887,589 while the median value for Units is $491,847.
  • Houses have a median rent of $695 while Units have a median rent of $523.
There are currently 12 properties listed for sale, and 16 properties listed for rent in North boambee valley on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in North boambee valley.

Suburb Insights for North Boambee Valley 2450

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Troy Mitchell
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Deb Grimley
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LJ Hooker Commercial Coffs Harbour
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.