Rare opportunity that will appeal to both investors and developers
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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.

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Contact Rob Bose to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Office
Block Size:
670 *

Other Details

Lot:
10
Section:
2
Plan Type:
DP
Plan:
14230
Legal description:
10/2/14230
KNIGHT FRANK CENTRAL COAST

Maps and area information

Block information
Block size: 670 (approx)
Legal description: 10/2/14230
Block Map
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Property history

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The Entrance suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
51 years
Population
4,244
Listing ID: 182542835. This listing has been viewed 0 times. It was first displayed on 22/05/2024 and last updated on 24/05/2024.
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.