Renewed lease to the Australian Government with option to 2022.
Occupied by both Centrelink and Medicare.
Safe, secure income guaranteed.
Modern, well maintained building constructed in 2003.
IMPORTANT: One of only two 5 star rated buildings in Gosford, the other is leased to 2023 + options.
Tenant in occupation since completion.
Building area 1,990 sqm with 46 parking spaces.
Large land area of 3,032 sqm.
Valuable depreciation benefits.
Core CBD location close to station and amenities.
Gosford: centre of the growing Central Coast.
Tenant pays Land Tax and air conditioning as per lease.
Annual rent increases of CPI + 1%.
Net Income: $682,000 pa + GST.