Landmark 5,701sqm* Industrial Freehold | Booming Central Coast LGA
Description
CBRE is pleased to present to the market this substantial industrial investment located at 174 Pacific Highway, Tuggerah (Central Coast) NSW.
The opportunity has the following key investment highlights:
+ Recent eight year lease to 2033 plus one (1) further option to 2040
+ Attractive annual increases: greater of 4% or CPI, ensuring long-term rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water, rates, insurance and land tax, as per lease
+ Wideline: One of Australia’s leading window and door brands established for over 50+ years
+ Prime 5,701sqm* freehold in highly sought-after Central Coast industrial precinct
+ Wideline’s long established head office and manufacturing facility
+ Strategic freight position, offering direct access to Pacific Highway & minutes from the Pacific Motorway
+ High profile position in close proximity to national brands including BCF, Jax Tyres, Mitsubishi and Salvos.
+ Central Coast: booming NSW LGA with strong economy of $20.8b in GRP¹ and a growing population of 354,803, forecast to grow even more by 14.5% to 412,502 by 2046²
+ Net Income: $450,000 pa* + GST
To be sold via Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx
1 Economy.id
2 Forecast.id
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Contact agents
Kieran Bourke Senior Director
0417 418 007
Flynn McFall Negotiator
0481 187 191
Ben Parsonage Junior Sales Associate
+61 455 331 841Enquiry Form
Tuggerah, NSW
174 Pacific Highway
- Sold Price: Contact Agent
This property was sold as part of Portfolio 186
Contact agents
-
Kieran Bourke Senior Director
0417 418 007 -
Flynn McFall Negotiator
0481 187 191 -
Ben Parsonage Junior Sales Associate
+61 455 331 841