415 Terrigal Drive Erina NSW 2250

Medical / Consulting
2,005 m²
Sold, $2,620,000

Medical Centre Investment. Huge Site with Future Upside.

Property 100% leased to Erina Medical Centre.
New 5 year lease to 2021 + option to 2026.
Erina Medical Centre: established in this location since 1999.
Erina: major Central Coast hub.
Proximate to McDonald's and Erina Fair Shopping Centre.
Central Coast: home to strong resident population of over 330,000 generating $11.77 billion in Gross Regional Product.
A-grade medical tenant in high quality purpose-built building of 237 sqm.
Large 2,005 sqm site with future potential income/development upside (STCA).
Attractive fixed 2.5% annual rental increases ($176,610 in 2020).
Lease requires tenant to pay outgoings.
Easily managed, single tenanted investment.
Net Income: $160,000 pa + GST.

AUCTION

Auction date and time	25/10/2016 11:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	25 Oct 2016
Sold Price	$2,620,000
Floor Area	Ask Agent
Land Area	2,005 m²
Parking	Ask Agent
Property ID	2013083564
Category	Medical / Consulting Offices
Last updated	25 Oct 2016

Map for 415 Terrigal Drive Erina NSW 2250

Nearest transport* to 415 Terrigal Drive Erina NSW 2250

Bus

Train

Tram

Ferry

Terrigal Dr After Penrose Cres	21 m
Central Coast Hwy Opp Narrawa Av	155 m
Central Coast Hwy At Hammersmith Rd	230 m
Terrigal Dr At Kuburra Rd	260 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	25 Oct 2016
Sold Price	$2,620,000
Floor Area	Ask Agent
Land Area	2,005 m²
Parking	Ask Agent
Property ID	2013083564
Category	Medical / Consulting Offices
Last updated	25 Oct 2016

Co-Agents

Darren Beehag

Burgess Rawson Sydney

Call

0411 226 223

Rhys Parker

Burgess Rawson Sydney

Call

0451 101 042

More about 415 Terrigal Drive Erina NSW 2250

415 Terrigal Drive Erina NSW 2250 is categorized as Medical & Consulting Property. It has a land area of 2,005 m². The listing ID for this property is 2013083564.