Calling All Investors! This freehold opportunity is extremely viable and is currently making a 6.8% NETT RETURN! The property is in a popular, convenient industrial area in Tuncurry and fully fenced for added security.
The total area is 1,601sqm and all slabs are reinforced for heavy vehicle use. The property comprises of 2 fully insulated tilt slab construction units and there are 13 onsite car spaces.
Both units are currently tenanted with 3 x 3 leases. They are separately metered and there is no strata involved.
The front unit offers a total area of 410sqm, comprising of workshop area, 130sqm of showroom & office area, as well as a mezzanine for added storage. There is a tidy kitchenette and 2 toilets, one with a shower. The workshop also features 3 full length industrial roller doors.
The back unit is recently renovated and offers a total area of 305sqm. There are 2 large offices, male & female modern toilets as well as a disabled toilet plus tidy kitchenette.
Not to be missed, call your local real estate team at First National on 02 6554 5011 today for further information.
The size of Tuncurry is approximately 15.7 square kilometres. There are 15 parks, covering nearly 11.6% of the total area. The population of Tuncurry in 2016 was 6186 people. By 2021 the population was 6376 showing a population growth of 3.1% in the area during that time. The predominant age group in Tuncurry is 70-79 years. Households in Tuncurry are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tuncurry work in a community and personal service occupation.In 2021, 67.30% of the homes in Tuncurry were owner-occupied compared with 66.00% in 2016.
Tuncurry has 4,734 properties. Over the last 5 years, Houses in Tuncurry have seen a 35.44% increase in median value, while Units have seen a 28.20% increase. As at 30 June 2026:
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