Affordable Main Street Freehold High Return – Circa 8.5%
175 The Entrance Road , The Entrance NSW
Property Highlights
ASX Listed bank tenant
High growth location
Freehold building w/ frontage
Description
High growth Central Coast location
425 sqm freehold building with 15.85 m frontage
Longstanding bank tenant
Westpac, leased to April 2020 + options to 2026
Prime 589 sqm site zoned B2 (Local Centre) with rear lane access
Fitout upgrade in 2018
Development upside: 23 metre building height limit, FSR 2.75:1
Net Income: $138,607 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
589 SQM
Building Area
425 SQM