25-27 Wollong St,
North Gosford, NSW 2250

Building:

Situated on a level block of approx. 891sqm, the building offers a total internal area of approx. 415sqm comprising of;
- A ground floor area of approx. 349sqm
- Mezzanine area of approx. 66sqm
Zoned IN1
Fully concreted and usable yard space of approx. 542sqm

Property features:
- Dual gate and driveway access
- Minimum internal clearance of approx. 5.7m
- Wide, quiet cul-de-sac with ample street parking
- Full height roller door + side access
- Rear under cover area of approx. 50sqm
- Front reception / show room
- Air-conditioned managers office
- Male and female amenities
- Kitchenette & lunch room
- Mezzanine storage

Current tenancy:
Being sold subject to existing tenancies the property will not attract GST and is currently leased at $51,911.04pa + outgoings (council rates, water rates, insurance and land tax) The current owners are not registered for GST however there is a provision within the lease that GST will become payable should the owner be liable.
The current lease expires 31 July 2023.
The tenant has the right to exercise a 3 year option on expiry of the current lease. The lease allows for a rental increase to current market rates if the option is exercised by the tenant.

Auction:
11.00am Tuesday 8th November 2022
In rooms at 4/4 Stockyard Pl, West Gosford
Registration for online bidding is also available

For further details please contact Central Coast Commercial