Knight Frank Central Coast is proud to present this outstanding freehold asset with excellent exposure and kerbside appeal. Situated in the heart of The Entrance the property represents a fantastic opportunity for both investors and savvy developers. The property has great scope for future growth as the site sits adjacent to 2 other vacant lots and has a FSR of 2.75:1.
The property has undergone significant refurbishment creating a fresh and clean environment for its workforce with great acoustic treatment, ducted air conditioning, large communal kitchen, bathrooms, disabled access, and a large car park to the rear. Great tenant with national provenance that occupies the allied health sector currently in the second year of a 5-year lease with up to 4-years of options containing two market reviews allowing any owner the opportunity for solid growth over time.
Leased to a high-quality tenant Accuro Home Care (subsidiary of Outlook (Aust) Limited), specialising in disability support & care services.
- Current rent $97,363.69 N/pa + GST
- Five (5) year lease 3/10/22 to 2/10/27
- 2 x two (2) year options.
- 2% annual increases and market review at options.
- All outgoings payable by the tenant.
Don’t miss out on this excellent opportunity, call Robert Bose on 0421 846 273 or Brett Dowling on 0402 409 685 to book an inspection.