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Sold on 13 Sep 2024 - Price Unavailable

13/41 Industrial Drive
North Boambee Valley NSW 2450

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Property Details for 13/41 Industrial Dr, North Boambee Valley

Building Type
Commercial
Local Government
Coffs Harbour
Lot/Plan
13/SP100922

Last Listing description (September 2024)

This modern high quality concrete tilt industrial unit is the long-term home of a Federal Government's telecommunications enterprise NBN.

It is located in a popular three street frontage 15-unit industrial complex with multiple vehicular access points and generous onsite car parking.

Occupying an area of 230m2, it includes a mezzanine of 92m2.

NBN have completed a fit out of high-quality office/utility space at a cost in the order of $175,000.

Not only will you enjoy a prime industrial investment, but you will have the pleasure of being paid rental by the Federal Government.

This prime investment enjoys the following features:
Prime industrial location
Convenient central access to all surrounding areas
First class industrial complex
Triple AAA tenant
Fixed annual rental growth
Attractive depreciation allowance
Perfect SMSF investment

If you've been seeking a high-quality long-term growth investment in the booming Coffs Harbour industrial market then CALL NOW !!!

The asking price of $650,000 shows a net return of 5% with fixed annual rental growth.

For all further enquiries contact Exclusive Marketing Agents LJ Hooker Commercial:

Troy Mitchell 0417 695 915 tmitchell@ljhcoffs.com
Deb Grimley 0434 301 550 dgrimley@ljhcoffs.com

Property History for 13/41 Industrial Dr, North Boambee Valley, NSW 2450

A timeline of how this property has performed in the market
Last Sold
13 Sep 2024
Listed for Rent
$694/w
26 Jun 2023
  • 13 Sep 2024
    Sold
  • 14 Nov 2023
    Listed for Sale Expressions of Interest
  • 11 Sep 2023
    Listed for Rent - Price not available
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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 1,342 properties. Over the last 5 years, Houses in North Boambee Valley have seen a 62.42% increase in median value, while Units have seen a 52.01% increase. As at 31 October 2024:

  • The median value for Houses in North Boambee Valley is $898,196 while the median value for Units is $495,381.
  • Houses have a median rent of $660 while Units have a median rent of $520.
There are currently 13 properties listed for sale, and 12 properties listed for rent in North boambee valley on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in North boambee valley.

Suburb Insights for North Boambee Valley 2450

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Contact agent
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.