On behalf of our valued landlord client we are pleased to bring this excellent income producing property to the market.
Take advantage of this outstanding opportunity to secure your future commercial office space investment property located at the entrance to the popular Tuggerah Business Park, with signage and main road to over 40,000 passing cars on average per day providing high exposure, 24/7.
Consisting of approximately 336 m2 of high quality office space, this large, professional, and versatile suite has an established business tenant with a fresh 2 year lease plus option. Including a boardroom, 6 partitioned offices/ extra meeting rooms, breakout kitchen area, air conditioning and plenty of onsite parking, the employment training group that has taken the lease has negotiated a very affordable rental rate which means there is plenty of potential for income growth well into the future.
There is also a bonus 49m2 (included) film / podcast studio with a separate entry. Use this or lease out for an additional income stream.
The current owner is also willing to sell for a very fair price to ensure the new owner benefits from a great return. Separate approx. 90m2 (included) office area with additional separate access so you can further subsidise your asset or allow your tenant to split the executive team off, whilst future proofing your business property asset for growth.
Tuggerah is arguably one of the most sought-after commercial areas of the Central Coast. Westfield Tuggerah is minutes away, as is the revamped Tuggerah Railway Station. This property is also close to the renovated Home Co. Super Centre and is positioned perfectly at the centre point of the region and halfway between Sydney & Newcastle, making it perfect for both local and national businesses, their staff and clients.
Initial Term: 2 years
Option Term: 1 year
Commences: 1/1/2024
Rent: $80,000 NET pa + GST
Annual Increases: CPI or 3% whichever is the greater
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Donât delay! Investments like this a rare in the current climate. Please call today to arrange your inspection.
Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
