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21 - 25 Duke Street, Coffs Harbour |
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Nature of Property
The property is a single level office building with on-site car parking. The property is located on the north eastern edge of the CBD with land area of 3,035m2. The surrounding area offers opportunities for further office development, with existing offices already housing local, state and federal government departments.
Key Property Details
| Date Purchased: |
October 1996 |
| Purchase Price |
$2,300,000 |
| Valuation: |
$4,600,000 |
| Valuation Date: |
June 2010 |
| Structure of Ownership: |
Direct |
| Percentage of Ownership: |
100% |
| Principal Use: |
Commercial Office |
| Total NLA: |
1,807m2 |
| % Vacant NLA: |
Nil |
% Leases NLA expiring during
current financial year: |
Nil |
| WALE (as at 30 June 2010): |
5.10 Years |
Major Tenants
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% of Income |
Lease Expiry |
| Federal Government |
100% |
August 2015 |
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