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21b/16 Washington Avenue
Niagara Park NSW 2250
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21b/16 Washington Avenue Niagara Park NSW 2250

  • Shop & Retail
  • 507 m²
  • For Sale, Contact agent

Long term lease to multi-located tenant with strong yield!

  • Secure 10-year lease with options
  • Long-term tenant in place
  • Strong rental return

LJ Hooker Commercial are proud to present this secure commercial aquatic investment for sale by way of private treaty.

Enjoying a 10-year lease with options to 2043, the property suits the astute investor searching for a secure long-term investment with a solid tenant operating across multiple locations.

The tenant, 5 Star Swim Schools has been operating across the Central Coast for many years offering a versatile range of aquatic programs specializing in learn to swim for babies, preschoolers, school aged children, teenagers and adults, aquarobics and general lap swimming. 5 Star Swim Schools are recognized as the leading aquatic education facilities on the Central Coast with 5 schools located at Erina, 2 x Kincumber, Niagara Park & Tuggerah.

The property forms part of Valley Plaza Niagara Park, a well-maintained local Neighbourhood Shopping Centre frequented by families comprising of multiple specialty shops, local supermarket, take-away shop & cake shop.

The property is situated adjacent to an Indoor Sports Centre/Basketball Stadium & Daycare Centre enjoying solid patronage from surrounds with its range of learn to swim classes offered appealing to local families.

Features include
Strategic location within a Neighbourhood Centre adjacent to a Daycare Centre, Indoor Stadium & Primary School.
Successful long-term tenant operating for many years on the Central Coast.
Secure 10-year lease to May 2028 + options to 2043.
Surrounded by residential catchments & adjacent to Niagara Park Train Station.
Attractive net lease with tenant responsible for paying outgoings, as per lease.
Large depreciation benefits.
Booming Central Coast region with 358,113 people & forecast to grow to 415,355 (up 16%) by 2036.

For more information or to arrange an inspection, please call Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today!

Property Highlights

Floor Area507 m²
Land Area507 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019295119
Category
Last updated  4 Jul 2024
Map for 21b/16 Washington Avenue Niagara Park NSW 2250

Nearest transport* to 21b/16 Washington Avenue Niagara Park NSW 2250

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Property Highlights

Floor Area507 m²
Land Area507 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019295119
Category
Last updated  4 Jul 2024

Co-Agents

Ben Purdue
LJ Hooker Commercial Terrigal
Call
0450719600
Tom Bore
LJ Hooker Commercial Terrigal
Call
0402 938 144

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