19 Anzac Road Tuggerah NSW 2259

Shop & Retail
576 m²
Sold

Quality mixed-use investment In tightly held Tuggerah location

Dual income investment
1,012sqm* site area
Combined net income $136,589** pa

A dual income investment opportunity located opposite Westfield Tuggerah and surrounded by McDonalds, Hungry
Jacks, Bridgestone Tyre Service Centre and various medical related operators. The property is also within close proximity to Tuggerah Train Station.

The property is anchored by Anytime Fitness on an eight year lease term expiring in December 2025 with a five year option. The net rental is $98,268* per annum (plus GST). Indian Experience has been operating on site for over a decade with a current five year lease term until June 2023 with a five year option. The passing net rent is $42,280* per annum net (plus GST).

This is an excellent opportunity to secure a well positioned asset in the tightly held Tuggerah market with a diverse income stream.

The property is going to Public Auction on Thursday 18 November at 1030am
Venue: 18 Honeysuckle Drive Newcastle

*Approx.
**as at 4 December 2021