An outstanding opportunity to secure a tightly held retail investment in the heart of Nambucca Heads' vibrant Mid North Coast shopping precinct. The property comprises approximately 360sqm of floor area over three levels, featuring solid full brick construction with concrete slabs throughout. Formerly the State Bank of NSW, the building offers excellent street presence and long-term durability. Recent capital improvements include a new roof, gutters, and upgraded air-conditioning units, ensuring minimal future maintenance. Key Features: Approx. 360sqm of retail/commercial space over three levels Land area: 411sqm Solid full brick and concrete construction Six (6) on-site car spaces with rear lane access Prominent position in a high-traffic retail precinct Investment Highlights: Currently leased to the sole local newsagency Lease in place until November 2026 with a possible 5-year option if required Net income of $54,545 p.a. + GST Tenant pays 100% of outgoings Annual rent increases Easily managed, established premium tenant Nambucca Heads continues to experience strong population growth, driven by its popularity as a holiday and retirement destination, underpinning long-term capital growth prospects. Information Memorandum and brochure available on request. For further details or to arrange an inspection, please enquire today.
