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55 Hills Street
North Gosford NSW 2250
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Sold on 2 Aug 2016

55 Hills Street North Gosford NSW 2250

  • Medical / Consulting
  • 1,239 m²
  • Sold, $1,960,000

Medical Centre Investment. New 5 Year Lease. Huge Site with Income/Development Upside (STCA).

New secure 5 year net lease + options to established medical practice.
Medical practice has occupied this location since 1995.
Gosford: Strong resident population of 171,992 which is forecast to grow by over 10% to 189,195 by 2036.
Large 1,239 sqm corner site set across two titles in recognised medical precinct.
Midway between Gosford's public and private hospitals.
High quality medical freehold building of 369 sqm.
9 on site car spaces & proximate to Gosford CBD/Train Station.
Substantial basement with independent access which may be converted to medical, office or other usage (STCA).
Net lease, with tenant paying outgoings, as per lease.
Attractive 3% fixed annual rental increases ($136,187 as at July 2020).
Net Income: $121,000 pa + GST.

AUCTION

Auction date and time02/08/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold2 Aug 2016
Sold Price$1,960,000
Floor AreaAsk Agent
Land Area1,239 m²
ParkingAsk Agent
Property ID2012908510
Category
Last updated  2 Aug 2016
Map for 55 Hills Street North Gosford NSW 2250

Nearest transport* to 55 Hills Street North Gosford NSW 2250

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Property Highlights

Date Sold2 Aug 2016
Sold Price$1,960,000
Floor AreaAsk Agent
Land Area1,239 m²
ParkingAsk Agent
Property ID2012908510
Category
Last updated  2 Aug 2016
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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