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  • AUD$ 730,999
  • (USD 470,000)
    •
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  • Business
  • For Sale 
  • Coffs Harbour
  • australia Flag Australia
This office with excellent street level exposure at 60 Moonee Street Coffs Harbour is currently rented to TURSA with an annual rental of $57,528 incl GST. (approximately $52300 Nett) Rates are $5778 and insurance $1,200. So the real return is about $45,300 per year so at a price of $485000 THIS IS OVER NINE percent (9.3%) return.
Compare this to the banks or any super fund.

Excellent possibilities for future capital gain when buying at this price!

Vacant possession can be arranged within a few months although TURSA may wish to extend their lease.

Although currently set up as an office, this property is also ideal for any type of consultancy, medical practice or retail outlet.

The land value assessed by the Valuer General is $415,000
So you get the building for just $70,000
This office with excellent street level exposure at 60 Moonee Street Coffs Harbour is currently rented to TURSA with an annual rental of $57,528 incl GST. (approximately $52300 Nett) Rates are $5778 and insurance $1,200. So the real return is about $45,300 per year so at a price of $485000 THIS IS OVER NINE percent (9.3%) return.
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