Value-Add Freehold Investment. 6 Shops + Holiday Letting + Residences. Attractive mixed used multi tenanted investment. Prime main street corner in iconic tourist destination. Diverse mix of retail tenants plus 1st floor residential. Oversized 340 sqm residences with strata potential (STCA). Used as holiday letting & owner occupation. Near 100% holiday booking track record Flexible B2 Business Centre Zoning, Permits higher density residential (STCA). FSR of 2.75:1 and 23m height limit. Stunningly situated, only metres to waterfront & sandy beaches. Recently refurbished brick building. Net Income: $208,537 pa + GST (fully leased).
7% NET!!! FULLY TENANTED!!! FREESTANDING INVESTMENT *HUGE $180,000 PA INCOME, FREESTANDING OPPORTUNITY *$155,000 PA NET INCOME circa 7% PLUS STRONG INCREASES *3 LETTINGS - ALL STRONG LONG AND STANDING BUSINESSES *3 STREET FRONTAGES! IN THE HEART OF THE ENTRANCE *FUTURE DEVELOPMENT POTENTIAL 23 METER HEIGHT ALLOWANCES! *ADJOINING WALK THROUGH TO SHOPPING AND TOWNCENTRE *COUNCIL 75+ CAR PARK LOCATED AT REAR
LESSEE 1: LEASE START AUG 2015 â?? JUL 2018 - INCOME $26,345 PA LESSEE 2: LEASE START FEB 2016 â?? FEB 2019 - INCOME $115,200 PA (MAJOR TENANT OPERATING 30 years +) LESSEE 3: LEASE START JUL 2016 â?? JUN 2022 - INCOME $37,440 PA
Iconic KFC Since 1970. Popular Waterfront Hotspot. 10 year lease from August 2008. Store operating same location 45 years. Modern KFC with substantial building and fitout upgrades. Boasts drive thru and valuable on-site parking. Strategic 1,069 sqm land with 60 m corner frontage. B2 Zoning - High density commercial and residential uses (STCA). Growing population boosted by new high-rise resi developments. Unrivalled position - limited nearby competition. One hour to Sydney or Newcastle via M1. Central Coast's leading precinct for shopping, leisure, tourism and dining - 7 day high pedestrian trade. Net Income: $197,080 pa + GST.
8 Superb Shops Adjacent Waterfront. Price Guide: $300,000 to $800,000. 8 exclusive retail shops in centre of bustling retail/tourist precinct. Long leases up to March 2020 plus options. High pedestrian traffic flow - 7 days a week. Growing population boosted by ongoing high-rise residential developments. Convenient kerb-side and nearby public car parking. Majority of shops on net leases. Easily affordable retail investments. Substantial depreciation allowances. Higher returns and longer leases than residential. Conservative rentals poised for future growth. Net Income ranges: from $18,500 pa - $46,282 pa + GST.
RESIDENTIAL DEVELOPMENT SITE Chance of a life time! 1012m2 residential site with well established Tyrepower outlet with 3 years left on current lease Currently returning $55,200 NETT Operating under existing rights The fortunate buyer will have multiple options in the future, sit back and get a 7.25% return until you a ready to build!
Invest of Develop 326 The Entrance Road & 14A Elsiemer Street, Long Jetty
? Property is offered as a vacant possession;
? Potential to develop a range of mixed uses;
? Low market competition;
? Site has been remediated;
? The potential to owner occupy part of the property, and
lease the other part;
? Ideal market conditions: low interest rates, increased
confidence and lack of competition;
? Potential to create a key suburb service centre;
? Zoned B2 Local Centre;
? Site area for 2,034sqm (approx.);
? Accessible from both sites of the road and
? Large land area benefits future development.
Fully tenanted * Situated on the main road with almost a 25m frontage
* Approx 954 sqm block of land with rear access of Pacific Street
* 2 large brick buildings on title
* Building area is approx 380 to 400sqm
* Fully tenanted
* Approx net return of $39k to $40,000pa
* Dance Studio on a 4 year lease with annual increases of 3.5%
* Healling Centre on a 3 year lease with CPI annual increases
Contact Rod Pitstock for further information on 0409 244235
SHOP AND RESIDENCE, LAND 892M2 This is a very rare opportunity to own an affordable Zone 3A Business Centre Zoning with residence in a prime location, It features: A frame shop front and approx 100m2 storage room, driveway leading to the rear which consists of a brick veneer comfortable three bedroom home, lounge room, modern kitchen, bathroom, internal laundry, second toilet, carport and private parking for 8 cars, current tenant lease expires 20/02/2015. It’s a bargain!!!! The vendor has priced to sell quickly!!!!!
New Lease to Liquorland
2 Shops on 1 Title Entry level investment leased to Wesfarmers subsidiary. 2 shops totalling approx. 596sqm including drive through Liquorland and Aquarium. 8 year lease to Liquorland plus options (Liquorland's lease is concurrent to that of the Aquarium). Liquorland is one of Australia's most recognised liquor retailers with 639 stores, a division of Coles and wholly owned subsidiary of Wesfarmers (ASX Top 10 company). Annual CPI rental increases, collared at 1% and capped at 3%. Prominent Central Coast Highway location. Significant highly exposed landholding of 891sqm. Burgeoning Central Coast location 75kms ...