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415 Terrigal Drive Erina, NSW 2250

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415 Terrigal Drive,
Erina, NSW 2250

Medical & Consulting • Offices

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$2,620,000

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Map of 415 Terrigal Drive

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Medical Centre Investment. Huge Site with Future Upside.

Property 100% leased to Erina Medical Centre.
New 5 year lease to 2021 + option to 2026.
Erina Medical Centre: established in this location since 1999.
Erina: major Central Coast hub.
Proximate to McDonald's and Erina Fair Shopping Centre.
Central Coast: home to strong resident population of over 330,000 generating $11.77 billion in Gross Regional Product.
A-grade medical tenant in high quality purpose-built building of 237 sqm.
Large 2,005 sqm site with future potential income/development upside (STCA).
Attractive fixed 2.5% annual rental increases ($176,610 in 2020).
Lease requires tenant to pay outgoings.
Easily managed, single tenanted investment.
Net Income: $160,000 pa + GST.

Property ID: 502121218Last Updated: 26 Dec 2016

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415 Terrigal Drive
Erina, NSW 2250
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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