Discover a remarkable investment opportunity that has been held within a family for over three decades. Introducing 68 Railway Crescent Lisarow, a fully tenanted industrial property spanning an impressive 6,537sqm of prime industrial land. This property, being offered to the market for the first time in 30 years, presents a unique chance to secure a long-standing investment with exceptional potential.
Key Highlights:
1. Fully Leased and Well Maintained: Embrace the advantage of a property with an exceptional track record, featuring a fully tenanted building that has been well maintained throughout the years.
2. Favourable CPI Reviews: Enjoy the advantage of landlord-favourable rent reviews tied to the Consumer Price Index, ensuring steady income growth and protection against inflation.
3. Substantial Industrial Land Holding: With a vast 6,357sqm* landholding and low site coverage, this property offers ample space and immense potential for future redevelopment opportunities, subject to Council approval.
4. Net Lettable Warehouse Facility: Boasting an impressive 2,387.14sqm of net lettable space across six industrial units, this property provides a highly sought-after industrial facility. The abundance of hardstand areas and ample car spaces further enhances its appeal.
5. Prime Location in a Thriving Industrial Precinct: Strategically positioned within a tightly held industrial precinct, this property is surrounded by esteemed tenants such as Scholastic Australia, BJ Howes Metaland, Hawkesbury Brewing Co, 4WD Supercentre, Storage King, Aust Post Depot, and Sara Lee. This thriving business community offers a secure and prosperous environment for your investment.
6. Convenient Proximity: Located just 900m from Lisarow Train Station and within close proximity to Gosford CBD and the Sydney to Newcastle M1 Motorway, this property offers excellent connectivity and accessibility for tenants and customers alike.
7. Central Coast Growth Potential: The Central Coast region boasts a current population exceeding 380,000 people. Over the next two decades, this area is projected to experience significant growth, with an expected addition of 75,500 people, 41,500 new dwellings, and 24,000 new jobs. Investing in this thriving region promises to capitalize on these exciting opportunities.
Investment Details:
- Net Income: Circa $240,000 pa + GST (approx.)
Don't miss out on this exceptional investment opportunity, backed by a rich family history of success. Contact Lj Hooker Commercial Central Coast today to secure your place at the auction on 7 July 2023. Take advantage of this remarkable property and pave your way to lasting financial prosperity.
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.
