7/7 Coronation Avenue Pottsville NSW 2489
$1,675,000.00

DESCRIPTION

Phone enquiries - please quote property ID 16251.

A Diamond on the Tweed Coast of New South Wales, near Byron Bay, Hastings Point Headlands, Cabarita Beach, Kingscliff and the beautiful Fingal Heads. All are top locations on the New South Wales Coast, with their pristine beaches, surfing and fishing.
Large Commercial Property located in the heart of Pottsville Beach, in a fast-growing area.
The premises are located approx. Seven hundred meters from Moobal Creek and Beach. Pottsville Beach has continued to become one of the most popular areas for tourists to visit on the North Coast of Nsw, plus the growth of local residence is only held back by land release in the area. This will change soon with Coles looking at developing a commercial area along Moobal road, plus a major housing development
Huge tourist area
Sound investment
Sound Tenant with 10-year Lease remaining.
There is no Retail space in Pottsville to rent or buy, so very Exclusive property.

Pottsville Beach is one of the many beaches located on the Tweed Coast. The coast is famous for its beaches, surfing, fishing, reserves, and beachside parks. The creeks and estuaries around Pottsville are great for canoeing, fishing, and swimming, especially with children. Surrounding beaches are well-liked by local and visiting surfers.

Located east of Mount Warning, Pottsville offers a variety of mainly budget, accommodations including caravan parks, cabins, holiday flats, motels, and a number of Air B&Bs. Boat launch ramps are available at Pottsville and Hastings Point and Mount Warning and Nightcap National Parks are about 40 kilometers away.
The Coolangatta Airport has just had a large upgrade to its international section of the Airport. Pottsville is located approx. 30 minutes from the airport.
This makes Pottsville an ideal place to work for professionals, but still handy to travel quickly to domestic and international locations, without the heavy traffic delays in places like Brisbane, Sydney, or Melbourne.

This commercial property for sale is part of a strata title with two other adjoining shops, plus two residential units located above. Currently tenanted with very successful Hardware. A long-term lease of 12 years is in place.

The shop is within a Strata, constructed from brick with a metal roof, and covers a 220m2 area, including a double garage/storage area. Currently looking at re-doing the garages & adding an upstairs office/storage area. It includes an undercover exclusive use area on entry for display + double garage/storage. This display area could be built on in the future offering further development and opportunity. The shop has front and rear access along with a rear loading dock. The shop adjoins the side access (this could be sold off to current unit owners for development, or all owners could be a part of a co-development of the area & on-sell the finished premises). Note: there are already 2 residential units upstairs above the complex, which have their own access.
Five customer onsite parking and front & back council parking are available.
Outgoing costs for the premises are very low.
Solar electricity and low body corporate fees along with water meters for each unit mean very big savings for the Unitholders.
Pottsville is a thriving coastal town with all amenities including 2 primary schools, IGA, FoodStore, Medical center's, Community Centers, an Ambulance station, Fine Dining Restaurants, and much more, and is set for a massive expansion over the next few years. Currently, the Coles Group has an application for a Retail Shopping Complex in Pottsville. It is only a 30-minute drive to Coolangatta airport, which has just upgraded its international section of the airport 30 minutes to Byron Bay, and 1.5 hours to Brisbane CBD. QLD Rail also currently runs different lines in Brisbane to Varsity Lakes.
Pottsville has been classed in the top five desired places in Australia to live, especially with Covert, it has boomed. The current tenants are classed as an essential business and have not closed over the pandemic, so rental returns have been very sound.

This prime-located commercial property is a solid investment with a solid tenant in place.
Enquire today to find out more.

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