SOLD
Sold on 04 Mar 2024 for $585,000

7/3-5 Engineering Drive
North Boambee Valley NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 182m2
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Property Details for 7/3-5 Engineering Dr, North Boambee Valley

Building Type
Commercial
Land Size
182m2
Local Government
Coffs Harbour
Lot/Plan
15/SP105536

Last Listing description (May 2024)

Unit 7 (Lot 15) is located in Coffs Harbour's premier industrial estate, less than 1000m* from the Pacific Highway and within close proximity to the Airport, CBD, international sport stadium, university and hospital...

The estate has 24 hour B-Double access and wide streets with multiple access points to the Pacific Highway.

The new Coffs Harbour by-pass southern on/off ramp will be positioned very close to this complex for your future convenience.

Approx. 182m2...Unit 7 is the largest unit in the complex* (along with Unit 10 - Lot 12).

Leased to a reputable organisation until 6/12/2025 - the tenant pays all strata levies, council rates plus their own water and utilities.

The complex enjoys the benefit of a circular, dual drive-way access with a large central, shared carpark and with most units in the complex owner-occupied, the complex is well-maintained at all times.

The complex is brand new - completed late December 2022.

UNIT 7 (lot 15) is a large, high-clearance modern strata unit which enjoys great signage exposure

KEY FEATURES Include:

- High internal clearance
- High and wide electric roller door
- Generous glazed frontage
- Internal bathroom with shower
- Good sized kitchenette
- NBN Ready
- 3-phase capacity to the building

CONTACT our office for full details of the lease terms on this unit.

To inspect and secure this property - contact Exclusive Sales Agents: Your Commercial Property Specialist

Cherie Parik: 0423 369 999 or cherie@yourcps.com.au
Office: (02) 5606 2444 or admin@yourcps.com.au

We are your commercial property people - and we look forward to securing this premises for you/your client.

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. * Areas and distances are approximates only and are not intended to be relied upon. STCA Subject to Council Approval. Please note that signage may be subject to strata approval and CHCC zoning requirements

Property History for 7/3-5 Engineering Dr, North Boambee Valley, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$585,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $585,000
  • 12 Jan 2023
    Listed for Sale Contact Agent

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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 1,340 properties. Over the last 5 years, Houses in North Boambee Valley have seen a 65.77% increase in median value, while Units have seen a 29.26% increase. As at 31 July 2024:

  • The median value for Houses in North Boambee Valley is $883,148 while the median value for Units is $418,609.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 19 properties listed for sale, and 9 properties listed for rent in North boambee valley on OnTheHouse. According to CoreLogic's data, 50 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
Annie Swadling
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Cherie Parik
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Your Commercial Property Specialist
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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.