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Knight Frank - Central Coast

475 Pacific Highway Wyoming, NSW 2250

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475 Pacific Highway,
Wyoming, NSW 2250

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Key property information

Land area

Floor area

Zoning

Tenure type

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Knight Frank - Central Coast

Knight Frank - Central Coast

Suite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
02 4353 77...
Knight Frank - Central Coast
475 Pacific Highway
Wyoming, NSW 2250

Map of 475 Pacific Highway

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Freehold investment with surplus land - a lucrative opportunity

Discover an extraordinary investment opportunity with this landmark freehold commercial building boasting surplus land, perfect for astute investors looking to maximize their returns through future development (subject to council approval). Situated at 475 Pacific Highway Wyoming, this property offers a host of enticing features that make it an ideal investment choice.

Property Highlights:

Sprawling over a prized 1,432 sqm* of land, this property presents abundant potential for future development.
Its strategic location next door to McDonald's ensures high visibility and a steady stream of potential customers.
The building currently houses 6 separate tenancies, providing a net lettable area of 582 sqm* and multiple income streams.
Benefit from the commercial and retail tenancies, which guarantee a stable and reliable cash flow.

The prime freehold location offers exceptional exposure to the Pacific Highway, complemented by favourable Commercial Zoning E3: Productivity Support.

Noteworthy longstanding tenants include Ministry Cafe and Indian Restaurant, Hairdresser, Beauty Therapist and Laundromat adding to the property's appeal and reliability.
Thriving within a commercial precinct that includes prominent establishments like BP Petrol Station and the Laycock Community Theatre, as well as the convenience of The Five Ways Roundabout.

Additional Features:

The surplus land with desirable commercial zoning holds immense potential for future development, subject to council approval.
Current net income stands Total income with rent and outgoings $184,158.
Outgoings are circa $48,400.
Net income circa $135,758.68pa
Floor space ratio of 1:1 and a maximum building height of 8.5 metres, allowing for flexible design options.

To explore this remarkable investment opportunity further or schedule an inspection, please contact the exclusive selling agent, Anthony Scarcella, on 0422 375 522.

Don't miss out on this exceptional investment prospect!

*approximately

Wyoming, 2250 demographic data

The median household income for Wyoming is $1,408, 32% lower than Greater Sydney's household income of $2,077. Wyoming has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 50% of property owners in Wyoming have a mortgage.

10,111
Population
$1,408 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
Knight Frank - Central Coast
Suite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259

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