Offices

Property ID: 412989

 

BEST INVESTMENT, BEST LOCATION, BEST PARKING, BEST YIELD (7.11%)!

Suite 5, 257-259 The Entrance Road, Erina, NSW 2250

Tenanted Investment With Fixed Increases!!

Property Highlights:
- Suite 5A (Tenant 1) 3 year net lease, expiring March 2024 + 3 year options
- Suite 5B (Tenant 2) 3 year net lease, expiring December 2023
- Tenants pay 100% of outgoings, as per Lease.
- Impressive office fit out

Description:
Beautifully fitted out office space with an abundance of natural light, modern amenities and located in a busy location, positioned on the corner of two (2) main roads with basement car parking.

Both tenants pay the outgoings, as per the lease.

Fixed 3% annual rental increases.

Tenant 1: Stevens Group is a leading Property Developers head office and has a 3 Year lease to 2024 + options to 2027.

Tenant 2: Professional Real Estate Agency has a 3 Year lease to December 2023.

Total net Income: $88,915.20 per annum + GST
Tenant 1 net income: $57,963.72 per annum + GST
Tenant 2 net income: $30,951.48 per annum + GST

Express your interest TODAY & call NOW!!


Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Sold

$1,250,000

Ty Blanch L.R.E.A. Principal

Anthony Scarcella