Entry Level Retail Investment – Located at the entrance to Gosford Private Medical Centre
5/12 Jarrett Street , North Gosford NSW
Burgess Rawson is pleased to offer to the market 5/12 Jarrett Street, North Gosford NSW for sale via our Investment Portfolio Auction 165.
The property has the following investment highlights:
+ Leased to August 2025 plus option to 2028
+ Have it Franks Way: local family owned and operated espresso bar & florist situated at the entrance of Gosford Private Medical Centre
+ Fixed 3% annual rent reviews ensuring long term compounding rental growth
+ Ideal net lease structure with the tenant paying all outgoings including Strata Fees, Property Management and R&Ms.
+ Lease secured by 6 month bank guarantee including outgoings
+ Strategically located at the entrance to the Gosford Private Medical Centre serving a wide range of local customers, residents, and health care patients
+ Gosford: population of 178,000+ people located 75km to Sydney. Healthcare is the largest industry in the Central Coast generating $2.1B in 2023
+ Net Income: $16,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 5 December 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.