A dual income investment opportunity located within the very popular Tuggerah Industrial Estate that is positioned between Westfield Tuggerah, Wyong Town Centre, adjacent to the Sydney/Newcastle railway line and the M1 Motorway.
Surrounded by McDonalds, Hungry Jacks, Bridgestone Tyre Service Centre, Pet Barn and various big name commercial operators.
This freehold property has the following square footage:
Land area: 2,023sqm
Total ground floor area: 835sqm
Mezzanine area: 105sqm
Construction:
Unit 1 and 1b is brick construction with metal clad roofing and one high clearance roller door, each unit.
Unit 2 is newer, constructed of brick and concrete panel with high internal clearance, metal clad roofing, accessed via a large high clearance roller door.
There is plenty of parking with 15 uncovered car parking spaces on-site. 14 of these are security fenced and gated.
Tenancy information:
The property has the following tenants in place:
Unit 1 + 1b: $36,276.60 pa gross + GST (lease expires January 2025)
Unit 2: $41,200.00 pa gross + GST (lease expires January 2026)
Total gross income: $77,476.60
This is an excellent opportunity to secure a well-positioned asset in the tightly held Tuggerah market with potential to occupy at a later date.
Contact our agents for further details.
Liza Boltz 0402 719 928 or Chris Watson 0402 430 213