Located in the well renowned Element building in the heart of Erina, this office space offers a fantastic opportunity for investors to secure a quality commercial office suite with a presence in a prime location. Northern aspect offers a pleasant outlook from the balcony, whilst remaining on the doorstep of all of the local amenities that the Erina CBD has available. Arguably Erina's premier building, this property is well worth the effort to inspect and get a true understanding of this quality building.
Strata area of 25sqm within the Element Building, as well as having access to meeting rooms, break out areas large open kitchen / function area for occupants of Level 4. Well structured investment with an existing 3 year lease to MH Financial that commenced in October last year, so there is almost 2 1/2 years remaining on the lease.
Current rent is $22,000 per annum + outgoings + GST, with annual increases being the greater of 4% or CPI, the return on your investment will show constant growth through the term of the lease.
Available for sale with a return of greater than 6.5% annually, the price guide for this property is For Sale - $333,000 No GST Applicable, making it an affordable option for those looking to invest in commercial for the first time or add another property to their existing portfolio.
Inspections are strictly by appointment. For further information please contact
Brad Rogers
0459 921 122
RWC Central Coast