Whole Floor Commercial Investment | Government Lease Profile In Landmark Building
Expressions of Interest
- OUTSTANDING LEASE PROFILE WITH LONG TERM LEASES + OPTIONS.
- TENANTS INCLUDE TRANSPORT NSW & THE COMMONWEALTH OF AUSTRALIA.
- ENTIRE FLOOR-PLATE OF 1,633.6m2
- 12 SEPARATE STRATA TITLES CURRENTLY DIVIDED INTO 5 TENANCIES
- BUILDING SIGNAGE INCLUDED.
The Centre of Excellence is the Central Coasts most inspired commercial tower, the number 1 choice for corporate occupiers seeking professional space located between Sydney and Newcastle.
The building is highly regarded for its exceptional design, quality finishes and modern workplace environment. The office tower is also recognised as the landmark corporate HQ for the Central Coast Mariners soccer club.
The property is positioned on the corner of Bryant Drive and Wyong Road which provides direct accessibility in and out from the M1 Pacific Motorway, ensuring valuable travel time is minimised for staff and clients.
Everything an investor or tenant could want is located within immediate proximity. The Retail Super Centre directly opposite, as well as the the Tuggerah Railway station and Westfield shopping centre both only minutes away.
An investor will be rewarded with a long term lease profile, which includes government tenants for approx. 75% of the floor. The property reflects a highly attractive rate of return as is, with the potential to substantially increase the yield within the immediate future with leasing opportunities.
Alternatively, the floor could suit an owner occupier seeking corporate office accommodation, occupying the space available and enjoying the benefits of a outstanding income stream. The leased space could also provide a long term future expansion opportunity for the right buyer.
Tuggerah Super Centre - directly opposite. Westfield Tuggerah - Less than 2 minutes away. Tuggerah Railway Station - 800 metres.
Whole floor plate properties rarely present to market, particularly ones that offer so much upside and future potential.
CURRENT NET INCOME $366,945 + GST FULLY LEASED NET INCOME ESTIMATED AT $523,513 PA + GST