9/84-90 Industrial DriveNorth Boambee Valley NSW 2450
Property Details for 9/84-90 Industrial Dr, North Boambee Valley
Last Listing description (July 2024)
This prime investment offers a new long term lease to a high quality tenant in a superb industrial location.
The tenant has recently completed a $150,000 showroom installation.
Unit 9 comprises a modern concrete tilt high clearance industrial unit which provides high-quality air-conditioned showroom industrial space.
The unit is leased to O'Donnell & Hanlon for 5+5 years from 1/2/24, a NSW based family owned building firm established in 1974.
Services include design, construction, project management and asset maintenance, and Triumph Motorcycles Dealership
Their head office is in Kempsey with regional offices in Coffs Harbour, Goonellebah and Tamworth.
The net annual rent is reviewed annually by 3% increases and the tenant pays all property outgoings.
The unit accommodates an approximate ground floor area of 553m2 plus mezzanine storage of some 102m2.
Unit 9 is located in a popular 10-unit strata title complex which enjoys drive through access from Industrial Drive.
Accommodation includes an open plan clear span air-conditioned showroom with automatic entry doors and high ceiling, suspended ceiling with recessed lighting, automatic roller door warehouse access, heavy duty steel mezzanine and excellent amenities.
Generous onsite car parking is available adjacent to the property's street frontage.
The unit occupies a high-profile street frontage position facing Industrial Drive, within Isles Industrial Park, Coffs Harbour's premier industrial estate located some 3 kilometres from the CBD.
The investment enjoys the following features:-
- High profile position
- Premier industrial location
- 500m to Pacific Highway
- 500m to the proposed motorway by-pass
- Conveniently located to CBD, hospital, university & airport
- Modern high clearance space
- Excellent features
- Fully compliant
- Long term lease to a quality tenant
- Attractive net return
- Convenient vehicular access and generous parking
If you have been seeking a modern high quality industrial investment leased to a well-established long term business in sought after Isles Industrial Park then CALL NOW!!!
The property is available for sale at a price of $1.5m showing a 6% net return.
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 9/84-90 Industrial Dr, North Boambee Valley, NSW 2450
- 19 Apr 2024Sold for $1,425,000
- 10 Nov 2023Listed for Sale Expressions of Interest
- 14 Oct 2019Sold for $1,050,000
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0About 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.
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