87-89 Blackwall Road Woy Woy NSW 2256

Discover a fantastic investment opportunity with a government tenant in the heart of Woy Woy town centre.

This freehold property spans a 684 sqm* parcel of land and features a 524 sqm* building, currently leased to Centrelink since 2009.

The office has undergone extensive renovations, setting a benchmark for other Centrelink offices.

The lease extends until 2029, with two additional three-year options available.

The property includes four car spaces on title, with an additional 12 spaces paid for at a cost of approximately $150,000* ensuring ample parking for customers in the surrounding area.

Conveniently located between Peninsula Plaza and Deepwater Plaza, the property offers easy access for customers via public transport, personal vehicles, or on foot. It is just a 2-3 minute* walk from Woy Woy Railway Station.

While currently occupied by a long-term government tenant, the property holds potential for various future business uses or development.

It is surrounded by retail outlets such as KFC, florists, solicitors, local MPs, chemists, and more. The Woy Woy town centre and waterfront with its array of takeaway and sit-down food outlets, is only a few minutes' walk away.

The tenant pays a gross rental per annum, with a net rent of $214,000*. This investment promises stability and growth for years to come. Don't miss out on this amazing opportunity.

*Approximately