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50-52 The Entrance Road
The Entrance NSW 2261
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Sold on 16 Feb 2022

50-52 The Entrance Road The Entrance NSW 2261

  • Offices
  • 677 m²
  • Sold

Multi-tenanted freehold investment at The Entrance!

    Blue-chip opportunities like this rarely become available. Situated right in the heart of town on a prime corner block approx. 724sqm boasting excellent exposure to passing vehicle and pedestrian traffic this property offers the astute purchaser the perfect mix of investment for today with development upside tomorrow. A total floor area of approx. 677sqm plus onsite parking for both premises, currently utilised as 2 large separate commercial offices, with tenants in place. Recently undergone extensive upgrades including LED lighting, ducted air-conditioning and much more. Opportunity exists to further increase income with possible reconfiguration to multiple shops and enhancing the large corner street frontage. Further future development also lays in B2 zoning, development height limit allowing 23 metres with FSR. 2.75. Growth in the Central Coast is currently booming, the opening of the North Connex slashing commuter times to Sydney. Plans in place for further large developments in The Entrance and value in comparison to other seaside localities.

    Property Highlights

    Date Sold16 Feb 2022
    Floor Area677 m²
    Land Area725 m²
    Parking6 x Onsite parkings
    Building TypeWhole building
    Property ID2017413423
    Category
    Last updated  16 Feb 2022
    Map for 50-52 The Entrance Road The Entrance NSW 2261

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    Property Highlights

    Date Sold16 Feb 2022
    Floor Area677 m²
    Land Area725 m²
    Parking6 x Onsite parkings
    Building TypeWhole building
    Property ID2017413423
    Category
    Last updated  16 Feb 2022

    Listed by

    Scott Bennett
    LJ Hooker The Entrance
    Call
    0418419950

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