Rare opportunity that will appeal to both investors and developers
247 The Entrance Road, The Entrance NSW 2261
$1,990,000 No GST 'Sale of a Going Concern'
OfficeSize: n/a
Block size: 670 m² approx.
Knight Frank Central Coast is proud to present this outstanding freehold asset with excellent exposure and kerbside appeal. Situated in the heart of The Entrance the property represents a fantastic opportunity for both investors and savvy developers. The property has great scope for future growth as the site sits adjacent to 2 other vacant lots and has a FSR of 2.75:1.
The property has undergone significant refurbishment creating a fresh and clean environment for its workforce with great acoustic treatment, ducted air conditioning, large communal kitchen, bathrooms, disabled access, and a large car park to the rear. Great tenant with national provenance that occupies the allied health sector currently in the second year of a 5-year lease with up to 4-years of options containing two market reviews allowing any owner the opportunity for solid growth over time.
Leased to a high-quality tenant Accuro Home Care (subsidiary of Outlook (Aust) Limited), specialising in disability support & care services. - Current rent $97,363.69 N/pa + GST - Five (5) year lease 3/10/22 to 2/10/27 - 2 x two (2) year options. - 2% annual increases and market review at options. - All outgoings payable by the tenant.
Donât miss out on this excellent opportunity, call Robert Bose on 0421 846 273 or Brett Dowling on 0402 409 685 to book an inspection.
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Contact Rob Bose to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.