Presenting a prime investment opportunity in the thriving coastal hub of The Entrance a lively lifestyle and tourism destination at the heart of the Central Coast. Known for its stunning waterfront, buzzing esplanade, and constant visitor activity, The Entrance is a magnet for both locals and holidaymakers, making it a thriving commercial precinct all year round.
This 263m2 approx. premises occupies a prime position on The Entrance Road, surrounded by busy cafés, bars, restaurants, and boutique retail, and just down the road from the water's edge. The property is currently leased to an established backpackers hostel and has been thoughtfully upgraded to suit its current use. This property provides a strong holding income and the security of a lease in place until March 2027 with an additonal 3 year option.
Property Features:
263m2 approx. second floor premises
Tenanted backpackers hostel with secure lease
Located in the heart of The Entrance's entertainment and retail strip
High pedestrian and vehicle traffic area
Minutes to the waterfront, parks, and attractions
Proximity to public transport
Strategically improved to suit present use
Equipped with air-conditioning/heating
Zoned E1 Local Centre for commercial use with future potential (STCA)
Strong tenant demand in this thriving tourism hub
This is a fantastic opportunity to secure a low-maintenance, income-producing asset in one of the Central Coast's most dynamic coastal destinations. An ideal investment for those looking to secure a well-located commercial asset with passive income in a growth area with long-term appeal.
For more information, please call Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today to learn more about this exciting opportunity!