Located in the main shopping strip in Woy Woy town centre, this freehold property offers a 684 sqm* parcel of land with a building of 524 sqm*. The building is constructed of concrete tilt panel providing a strong and quality structure.
Currently leased to a Government tenant since 2009, occupying the space is the Centrelink office and Medicare.
This office has undergone an extensive renovation and is the benchmark of how other Centrelink offices should be fitted out.
There is a current lease on the property that doesn't expire until 2029 with a further two (2) x three (3) year options.
There are four car spaces on title with additional parking in the streets, in front of the building and in surrounding car parks.
The property is situated between Peninsula Plaza and Deepwater Plaza, so access is easy for customers using public transport, personal motor vehicles or if they are on foot. It is also only a 2-3 minute* walk to Woy Woy Railway station.
Although the property has a long term government tenant, it could be utlised for so many different businesses in the future. It is situated amongst Retail outlets like KFC, florists, Solicitors, local MPs, chemists and a variety of retail outlets.
The Woy Woy waterfront is only a few minutes* walk away with takeaway/sit down food outlets in close proximity and in walking distance.
The tenant is paying a Gross rental per annum with a Net rent of $214,000.
This is an investment that should hold you in good stead for many years to come so don't miss out on this amazing opportunity.
*Approximately