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Sold on 25 Oct 2016

415 Terrigal Drive Erina NSW 2250

  • Medical / Consulting
  • 237 m²
  • Sold, $2,620,000

Medical Centre Investment. Huge Site with Future Upside.

    Property 100% leased to Erina Medical Centre.
    New 5 year lease to 2021 + option to 2026.
    Erina Medical Centre: established in this location since 1999.
    Erina: major Central Coast hub.
    Proximate to McDonald's and Erina Fair Shopping Centre.
    Central Coast: home to strong resident population of over 330,000 generating $11.77 billion in Gross Regional Product.
    A-grade medical tenant in high quality purpose-built building of 237 sqm.
    Large 2,005 sqm site with future potential income/development upside (STCA).
    Attractive fixed 2.5% annual rental increases ($176,610 in 2020).
    Lease requires tenant to pay outgoings.
    Easily managed, single tenanted investment.
    Net Income: $160,000 pa + GST.

    AUCTION

    Auction date and time25/10/2016 11:00
    Auction locationDoltone House Hyde Park
    Darren Beehag
    Burgess Rawson Sydney
    Darren Beehag
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Property Highlights

    Property ID2013083564
    Date Sold25 Oct 2016
    Sold Price$2,620,000
    Floor Area237 m²
    Land Area2,005 m²
    ParkingAsk Agent
    Category
    Last updated  25 Oct 2016
    Map for 415 Terrigal Drive Erina NSW 2250
    Map for 415 Terrigal Drive Erina NSW 2250415 Terrigal Drive Erina NSW 2250
    Darren Beehag
    Burgess Rawson Sydney
    Darren Beehag
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Property Highlights

    Property ID2013083564
    Date Sold25 Oct 2016
    Sold Price$2,620,000
    Floor Area237 m²
    Land Area2,005 m²
    ParkingAsk Agent
    Category
    Last updated  25 Oct 2016
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Darren Beehag
    Burgess Rawson Sydney
    Darren Beehag
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Darren Beehag

    Darren Beehag

    Burgess Rawson Sydney

    Rhys Parker

    Rhys Parker

    Burgess Rawson Sydney

    0411 *** ***
    0411 226 223

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