Leased Investment Opportunity....6.22% Net Return (Approx)
Well presented, modern and substantial single level building of approx 272sqm currently leased to a major and popular Day Spa business on a 5 + 5 year lease (Commenced 15 Aug 2014). Occupied by a solid and nationally recognised corporate tenant with multiple outlets. The premises are situated within the prestigious Kooindah Waters Residential/Golf Estate at Wyong on the Central Coast of NSW. Current annual rental of $40,470 Plus GST with annual rental reviews of 3% during the first term and 100% of Outgoings paid by tenant. This is an exceptional opportunity for an astute investor. FOR SALE: $650,000 (+ GST if Applicable). For further details or to arrange a private viewing of the premises please contact Central Coast Commercial without delay.
$650,000 (+ GST if Applicable)
Property ID: 1514
- Floor Area is 272 m²