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Knight Frank - Central Coast

247 The Entrance Road, The Entrance , 247 The Entrance The Entrance, NSW 2261

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247 The Entrance Road, The Entrance , 247 The Entrance,
The Entrance, NSW 2261

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Sale

$1,990,000 No GST Sale of a going concern

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Knight Frank - Central Coast
Brett Dowling

Knight Frank - Central Coast

Suite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
Knight Frank - Central Coast
247 The Entrance Road, The Entrance , 247 The Entrance
The Entrance, NSW 2261

Map of 247 The Entrance Road, The Entrance , 247 The Entrance

Directions
  • Bus stops within 5 km of 247 The Entrance Road, The Entrance , 247 The Entrance, The Entrance, NSW 2261Distance
    Central Coast Hwy at Warrigal St66 m
    The Entrance Rd at Ashton Av79 m
    The Entrance Public School, the Entrance Rd101 m
    The Entrance Rd After Dening St186 m
    Dening St Opp Theatre Lane216 m
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POWERED BY HERE ©

Rare opportunity that will appeal to both investors and developers

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 6... to book an inspection.

Property ID: 504597960Last Updated: 27 May 2024

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