COMMERCIAL & RESIDENTIAL INVESTMENT

This high profile corner site sits just off a main arterial road into Nambucca Heads and is centrally located to the M1 motorway, CBD, beaches, the river, schools, playing fields and more. There are two separate buildings featuring 2 commercial premises and a 3 bedroom residential flat.

FEATURES:
* Two separate buildings situated on a corner site of approx. 681sqm
* Excellent exposure on the main road into Nambucca Heads
* Zoned - E1 Local Centre
* Abundant on and off street parking
* Nambucca Heads high school, Frank Partridge primary school, Christian Community School (primary and high school), medical centre and playing fields within 500m (approx.)

BUILDING 1 (currently vacant)
* Shop 1 - Abundant offices, reception, meeting room, kitchenette and bathroom
* Frontage to Mann Street and access off Centenary Parade
* Excellent signage opportunity
* Similar properties are currently leased around $400pw

* Residential Flat - Adjoining self-contained 3 bedroom residence
* Similar properties are currently leased at approx. $300 - $350pw

BUILDING 2
* Shop 2 - Reception area, consulting rooms, kitchenette and bathroom
* Accessed off Centenary Parade
* Leased to Chiropractor until 3/11/25
* Off street parking spaces


Building 1 has been intentionally left vacant to assist a buyer who may wish to owner occupy or perhaps renovate before re-leasing. The building would benefit from some new floor coverings and a fresh coat of paint. This would improve the chances of securing a new tenant and likely attract a higher rent.
Fully occupied, a yield of approx. $50,000pa may be achievable.

For further information regarding this property or to arrange an inspection please contact NAMBUCCA VALLEY PROPERTY (02) 6568 3096

All information contained herein is gathered from sources we consider to be reliable. Whilst every care has been taken in obtaining the information no warranty is given as to the accuracy. Interested parties should rely on their own investigations and research.