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5/257-259 The Entrance Road
Erina NSW 2250
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Sold on 2 Sep 2022

5/257-259 The Entrance Road Erina NSW 2250

  • Offices
  • 251 m²
  • Sold

BEST INVESTMENT, BEST LOCATION, BEST PARKING, BEST YIELD (7.11%)!

    Tenanted Investment With Fixed Increases!!

    Property Highlights:
    - Suite 5A (Tenant 1) 3 year net lease, expiring March 2024 + 3 year options
    - Suite 5B (Tenant 2) 3 year net lease, expiring December 2023
    - Tenants pay 100% of outgoings, as per Lease.
    - Impressive office fit out

    Description:
    Beautifully fitted out office space with an abundance of natural light, modern amenities and located in a busy location, positioned on the corner of two (2) main roads with basement car parking.

    Both tenants pay the outgoings, as per the lease.

    Fixed 3% annual rental increases.

    Tenant 1: Stevens Group is a leading Property Developers head office and has a 3 Year lease to 2024 + options to 2027.

    Tenant 2: Professional Real Estate Agency has a 3 Year lease to December 2023.

    Total net Income: $88,915.20 per annum + GST
    Tenant 1 net income: $57,963.72 per annum + GST
    Tenant 2 net income: $30,951.48 per annum + GST

    Express your interest TODAY & call NOW!!

    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.

    Property Highlights

    Date Sold2 Sep 2022
    Floor Area251 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingOn site parking available
    Property ID2017827966
    Category
    Last updated  4 Sep 2022
    Map for 5/257-259 The Entrance Road Erina NSW 2250

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    Property Highlights

    Date Sold2 Sep 2022
    Floor Area251 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingOn site parking available
    Property ID2017827966
    Category
    Last updated  4 Sep 2022

    Co-Agents

    Ty Blanch
    KNIGHT FRANK CENTRAL COAST
    Call
    +61 421 645 961
    Anthony Scarcella
    KNIGHT FRANK CENTRAL COAST
    Call
    +61 422 375 522

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