415 Terrigal Drive, ERINA NSW 2250
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- Medical / Consulting, Offices
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- 25 Oct 2016
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.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
415 Terrigal Drive ERINA