Secure 6 year lease to NSW Government until September 2020.
Further 6 year option until 2026.
Gosford: Strong residential population of 171,992 which is forecast to grow by over 10% to 189,195 by 2036 boasting $6.35 billion Gross Regional Product.
Attractive modern building with triple street frontage to Erina St, William St & Henry Parry Drive.
Ample on-site parking with 8 spaces on title; close to Gosford Train Station
Easily accessible central CBD location.
Net lease, with the tenants responsible for the payment outgoings, as per the lease.
Attractive 2.5% fixed annual rental increases ($157,854 as at Oct. 2019).
Easily managed single tenant investment.
Net Income: $146,583 pa + GST (as at 1 Oct. 2016).