AUCTION DETAILS
Date: 19 March 2025
Time: 11:00 am
Location: LJ Hooker Commercial Office: Suite 1, Level 1, 18 Karalta Rd, Erina
Renovate, extend or redevelop!
Prime Development Opportunity A Rare Find!
This freehold 667m2* property in the highly sought after suburb of Erina on the Central Coast represents an exceptional opportunity for astute business operators, investors and developers looking to capitalize on its prime main road exposure and versatile potential. Perfectly positioned to attract maximum visibility, this site is a rare gem waiting to be unlocked.
Key Features:
Highly exposed freehold property with building improvements of 130m2*
Level 667m2* site streamlining development and accessibility
High profile National brand neighbours
Great signage opportunities to maximize visibility and branding
Located in the most sought-after blue-chip suburb on the Central Coast
Short term lease expiring October 2025
Enhance the commercial profile of your business!
Zoning attributes: E3 Productivity Support Zoning Ideal for a wide range of uses subject to council approval, including:
Specialised retail
Business or office premises
Food & drink establishments
Centre-based childcare facilities
Service stations
Veterinary hospitals
Shop-top housing
Development Potential: Explore the possibilities of creating a mixed-use or specialised retail hub to suit the solid demand of the area, with a maximum building height of 11.5 metres.**
Unbeatable Exposure: Positioned on a highly trafficked arterial main road, ensuring high visibility for any business or development venture. Strategic Location: Surrounded by affluent residential catchments and within Erina's commercial precinct, this site is set to benefit from strong projected regional growth for the Central Coast.
Tenancy: Current Tenancy in place for Immediate Income
The property is currently tenanted by Aidacare, a Nationally recognized company with approximately 90* stores across Australia.
Secure rental income until 31 October 2025, providing immediate cash flow while you plan for the property's exciting future.
Whether you're an investor looking for a high-exposure site to hold, a business owner seeking to design and occupy your perfect premises, or a developer with a grand vision, this property ticks all the boxes!
*Approximate ** Subject to Council Approval
This is rare opportunity to secure a freehold site in a strategic location at Erina. For more information or to arrange an inspection, please contact Ben Purdue 0450 719 600
or Tom Bore 0402 938 144 today!