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6&7/1a Tuggerah Parade The Entrance, NSW 2261

6&7/1a Tuggerah Parade,
The Entrance, NSW 2261

Shops & Retail

Price information

Sale

Price guide $1.7 million

Key property information

Land area

Floor area

Parking info

Property extent

Tenure type

Return

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$136,995
Number of Tenants
1 Tenant
Tenants / Type
Restaurant

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to arrange a private inspection.

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Over 7.5% net return per annum!

  • Long term tenant in place!
  • Strong yield over 7.5% net pa
  • Secure & solid investment
LJ Hooker Commercial Terrigal are proud to announce this fantastic opportunity to secure a solid, long term tenanted investment with water views on the booming Central Coast NSW.

Featuring a strong tenancy in the Arabian Lounge being situated in the premises since the building was completed circa 2006, the business has a loyal following of local and out of area diners.

The premises enjoys great exposure to Tuggerah parade, indoor/outdoor seating area, an open plan internal layout, full commercial kitchen area with exhaust system, cool room and wet bar area.

Comprising of 467 m2* gross lettable area consisting of 278 m2* internal area and the balance being external, the premises heavily suits the Coastal lifestyle of the Central Coast, taking advantage of the location and views the property has to offer.

Features include:
• 5-year lease & 5 + 5-year option
• Long term established tenancy
• Large open plan layout
• Commercial kitchen, exhaust, cool room
• Popular seaside location
• Internal and external dining area's
• Full wet bar
• 5 basement car spaces

*Approximate

For more information or to arrange an inspection, please call Ben Purdue 0450 719 6... today!

Property ID: 504114179Last Updated: 10 Apr 2024

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6&7/1a Tuggerah Parade
The Entrance, NSW 2261
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