Medical Centre Investment. New 5 Year Lease. Huge Site with Income/Development Upside (STCA).

Description

New secure 5 year net lease + options to established medical practice.
Medical practice has occupied this location since 1995.
Gosford: Strong resident population of 171,992 which is forecast to grow by over 10% to 189,195 by 2036.
Large 1,239 sqm corner site set across two titles in recognised medical precinct.
Midway between Gosford’s public and private hospitals.
High quality medical freehold building of 369 sqm.
9 on site car spaces & proximate to Gosford CBD/Train Station.
Substantial basement with independent access which may be converted to medical, office or other usage (STCA).
Net lease, with tenant paying outgoings, as per lease.
Attractive 3% fixed annual rental increases ($136,187 as at July 2020).
Net Income: $121,000 pa + GST.

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GOSFORD, NSW

55 Hills Street

  • Sold Price: Contact Agent