SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

5 year lease + option to 2029 – Indicative Price: $560,000 (Circa 8.4% Return)

2/56 The Entrance Road , The Entrance NSW

Description

Indicative Price: $560,000 (Circa 8.4% Return)
5 year lease with options to 2029
Whole floor 263 sqm strata
+ 4% fixed increases
+ The Entrance Backpackers: successfully trading in excess of 7 years
+ Accommodation for 39 guests with extensive kitchen, bathroom & communal areas
+ The Entrance: an aquatic playground between Tuggerah Lake & Sparkling Pacific Ocean
+ Net lease, tenant paying outgoings as per lease
Net Income: $46,800 pa + GST

For Sale by Expressions of Interest
Closing 3pm Monday 30 March 2020
Unless sold prior

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Special Use
Land Size
1 SQM
Building Area
263 SQM

Price

Contact Agent

Contact Agent

Tom Doran

0407 928 324

Contact Me

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