3, 255 The Entrance Road, Erina, NSW 2250

Offices

Sold

  • Property ID: 438571
  • Floor Area: 93m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 06/12/2023 93m2 N/A Contact Agent
INVEST IN YOUR FUTURE WITH THIS EXCEPTIONAL COMMERCIAL PROPERTY!

Introducing a prime investment opportunity that promises a stable return of approximately 6.5% - a standout choice for savvy investors! This remarkable commercial property, located at 3/255 The Entrance Road in Erina, offers an ideal prospect to add a secure and lucrative asset to your portfolio.

Property Details:

Address: 3/255 The Entrance Road, Erina
Price: $620,000 (No GST Applicable)
Total Area: 93 sqm
Key Features:

Tenanted Investment with an Impressive 6.5% Approximate Return
Prized Erina Location with High Visibility
Secure and Reliable Tenant in Place
Property Highlights:
Nestled at a high-profile intersection in the heart of Erina on The Entrance Road, this strata commercial office investment is a rarity in its class. Being part of a small complex of only three units, it currently boasts a long-term tenant who has committed to a new 2 x 2-year lease. The annual rental income from this lease is a robust $39,600 (plus GST and outgoings). This property offers a secure income stream and is poised to generate outstanding returns.

Why Invest Here:

High Exposure: This property enjoys exposure to over 30,000 passing vehicles every day, ensuring your investment remains highly visible.

Turnkey Office Setup: The commercial office space comes equipped with a well-maintained fit-out, saving you time and money on renovations.

Ample Parking: Benefit from dedicated parking at the door, a valuable asset for both tenants and clients.

Stable Tenant: With a current tenant already in place, you can start reaping the rewards of your investment from day one.

Take Action Today:
Don't miss out on this golden opportunity to secure your financial future. The Erina location, stable tenant, and impressive return make this property a sought-after gem for investors. To discover more about this fantastic prospect or to schedule an inspection, contact Anthony at 0422 375 522!

Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.



Erina Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $174 ---
Retail --- $465 ---
Offices $8696 $465 5.34%
This is the average advertised price, rent and yield for Erina, NSW 2250*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×