23 Ace Crescent Tuggerah NSW 2259

Knight Frank Central Coast is pleased to present to the market for Sale, 23 Ace Crescent, Tuggerah.

This superbly located industrial investment opportunity is an absolute must to inspect and guarantees security and an excellent return with income growth. The current lease provides for an affordable market rent of $125,000 per annum net plus GST.

Located in the heart of the Tuggerah Industrial Precinct and within minutes' walk of the Tuggerah Railway Station, Westfield Shopping Centre and a short 5 minutes' drive from the Sydney to Newcastle M1 Motorway.

The flexible E4 Zoning provides for a multitude of uses and is perfectly suited to the current business.

With long term tenure in the property, the established tenant has a great track record, and the lease provides for a 5-year initial term and two (2) x 5-year options. There is excellent income growth built into the lease (including compounding 4% fixed annual rental reviews with market review at the options) and a substantial bond for additional security.

With a building area of 995 sqm* and the total site area of 2,035 sqm*, the quality construction of the building works well with the office and showroom areas which are perfectly balanced with the large warehouse and factory areas, allowing the manufacture and installation processes of the business to flow effortlessly within the physical structure of the property. These attributes, whilst customised for the tenant, will also suit many other uses if ever required in the future.

Call now and arrange an inspection of this amazing investment opportunity and for your copy of the Information Memorandum and Lease.

*Approximate