'A" GRADE PRIME INVESTMENT

Seize this outstanding opportunity to secure a prime retail investment with a 10 year lease in place to a National Franchise - Red Rooster. Located w

Seize this outstanding opportunity to secure a prime retail investment with a 10 year lease in place to a National Franchise - Red Rooster.

Located within the Pacific Highway Service Centre, Coffs Harbour South, the property is surrounded by other National/International tenants that include; BP, Gloria Jeans, Subway, McDonalds and Baskin Robins.

This 2006 purpose built building of 198.3m2 has a land area of approx. 842m2. The current gross income is $112,550.88 (excl GST). The net income is approx. $102,427 (excl GST) per annum.

Asking price of $1,320,000 showing a strong 7.75% net return.

Located in South Coffs Harbour the subject property is in close proximety to Southern Cross University, Hospital, Bunnings and the growing Isles Drive Estate.

For furthur information contact the agents below;

Michael Ball on 02 6659 988 or 0417 414 033 Steve Little on 02 6659 988 or 0408 512 529