Renewed 10 + 5 + 5 Year Lease Dominant Market Position Deceased Estate

6 bray street, coffs harbour nsw

Price: $6,750,000

Property Details

Renewed 10 year lease expiring November 2025 plus options until 2035
Leased to Birch Carroll & Coyle, subsidiary of Greater Union est 1913 an over 50 venues around Australia
Modern 5 screen cinema complex with parking for 232 vehicles
The only multiplex cinema for 150 km radius
Coffs Harbour: major tourism destination and high growth coastal centre with 74,000 population producing $4.3 billion in GDP and growing at 5.9% pa
Strategic landmark investment located in entertainment precinct adjacent Park Beach Plaza and Homebase Homemaker centre
Zoned B6 Enterprise Corridor: Retail, Business, Mixed Use Residential
Tenant pays all outgoings as per lease
Rent increases by minimum 2% pa
Net Income: $601,380 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 4168 sqm
Land Size 4,168 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003174

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

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