Fully occupied to excellent tenants. A Freehold Investment in the center of the Gosford CBD. Main road exposure with high passing vehicle and pedestrian traffic. 1435m2 floor area in 1130m2 commercial zoned land. FSR 4:1 with maximum height of 18m.
Ground Floor: Pacific Brands (Bonds) leased from 1/1/2005 with fixed term expired in 2011. Current rental $120,192 P/A + GST.
First Floor: Bikram Yoga Gosford leased from 18/8/2011 on a 5 + 5 year lease. Current rental $80,000 P/A + GST with annual CPI increases.
Current total gross rental return of $200,184 P/A + GST (Net $182,812). Outgoings of $17,372 P/A paid by owner.

For Sale: $2,100,000 GST Exempt – Make an Offer!