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35-37 Coral Street The Entrance, NSW 2261

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35-37 Coral Street,
The Entrance, NSW 2261

Shops & Retail • Medical & Consulting • Offices

Price information

Sold

$770,000

Key property information

Floor area

Tenure type

Sold on

Map of 35-37 Coral Street

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8 Superb Shops Adjacent Waterfront. Price Guide: $300,000 to $800,000.

8 exclusive retail shops in centre of bustling retail/tourist precinct.
Long leases up to March 2020 plus options.
High pedestrian traffic flow - 7 days a week.
Growing population boosted by ongoing high-rise residential developments.
Convenient kerb-side and nearby public car parking.
Majority of shops on net leases.
Easily affordable retail investments.
Substantial depreciation allowances.
Higher returns and longer leases than residential.
Conservative rentals poised for future growth.
Net Income ranges: from $18,500 pa - $46,282 pa + GST.

To be sold separately

The Entrance is the Central Coast's leading precinct for shopping, leisure, tourism and dining.
Absolute prime corner waterfront reserve location.
Long established and popular holiday destination.
Only one hour drive from Sydney or Newcastle by M1 Freeway.
Sheltered and sunny northerly aspect.
Close to hotels and tourist attractions.

New Venue and Time
Auction 12 noon AEST Tuesday 23 June
Sofitel Wentworth Hotel, Sydney

Rhys Parker 0451 101 0...
Dean Venturato 0412 840 2...

Property ID: 501573109Last Updated: 23 Aug 2015

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35-37 Coral Street
The Entrance, NSW 2261
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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