Colliers are pleased to present for sale units 1& 4/6 Bugam Place, Bangalow, a recently built and highly sought after investment opportunity available to purchase together or individually. Situated within a small complex of 6 units, only these 2 opportunities remain. With this being said, we suggest you act fast and call us today. Whether it be your first commercial investment or another strong addition to your portfolio, this unit is located in a very high growth and tightly held market with fantastic future upside. Further benefit from the current lease's with impressing annual increases, rental yields and strong depreciation potential. Property Details: • Light industrial zoning • Onsite securing system and gate • 18 minutes from the Byron Bay CBD • 2 minutes from the Bangalow town center • Newly built in 2023 Unit 1 - 190m²* GFA (150m²* + 40m²* mezzanine) 2 Allocated on site car parks Leased until 30th of April 2027 with a 3-year option following $56,880 p.a. current income, increasing to $59,155.20 in April 2025 Unit 4 - 275m²* Floor area 2 Allocated on site car parks Leased until 30th of April 2026 $78,750 p.a. current income, increasing to $81,900 p.a. in May 2025 These properties are available for sale via expressions of interest, closing on the 25th of February 2025. If you are interested in this property, seeking a copy of the information memorandum or looking for an onsite inspection please reach out to the exclusive agents. *Approx
Email enquiry to Colliers - Gold Coast
Property ID: 504770016