Long Term Investment
SOLD
65 Central Coast Highway
West Gosford NSW 2250
Land
FOR SALE
A strategically located commercial site adjoining McDonalds at West Gosford. The Property has excellent access from both directions onto the Central Coast Highway.
This Property provides a unique opportunity to purchase a long term ground lease to a very secure tenant with substantial upside upon lease expiry.
· Commercially zoned site of 2,648sqm approx
· Ground leases expire 4 November 2027 to a Publicly listed company
· Current Rental $82,368 approx p.a. net
· CPI increase 4 November 2012
· Improvements constructed by Lessee
This Property provides a unique opportunity to purchase a long term ground lease to a very secure tenant with substantial upside upon lease expiry.
· Commercially zoned site of 2,648sqm approx
· Ground leases expire 4 November 2027 to a Publicly listed company
· Current Rental $82,368 approx p.a. net
· CPI increase 4 November 2012
· Improvements constructed by Lessee