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Premium Central Coast Medical Investment

16-18 Hills Street , Gosford NSW

Property Highlights

New Net Lease + Options

Fixed 3% Annual Increases

Established Tenant

Description

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Landmark ‘Hills Street Professional Centre’ building in Gosford CBD
Exceptional recent medical fitout – strong tenant commitment
4 undercover car parks + ample patient car parking
Future flexibility, 3 separate titles + bonus joint ownership of nearby land
Generous depreciation benefits available

New 5 year lease to 2024 + options to 2034
Fixed 3% annual rental increases ($91,884 pa in 2023)
Net lease, tenant pays outgoings (incl. management fees), as per the lease
Easily managed medical investment

Gosford is the administrative capital for the Central Coast which is home to some 335,309 residents & growing
Dedicated medical precinct surrounded by complementary uses
Ideally set near train station between public & private hospitals
Just 30 minutes’ drive from Sydney’s northern suburbs

Net Income: $78,500 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
1 SQM
Gross Building Area
1 SQM

Contact Agents

Rhys Parker

0451 101 042

Darren Beehag

0411 226 223

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