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99 Georgiana Terrace Gosford, NSW 2250

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99 Georgiana Terrace,
Gosford, NSW 2250

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For Sale - New 10 Year WALE to Commonwealth Government (ATO)

  • AAA rated Commonwealth Government tenant
  • 10 year WALE by income
  • Net passing income $3,029,125 pa
The offering comprises both 99 Georgiana Terrace and 38 Mann Street and is an exemplary office investment meeting all key investment criteria.

99 Georgiana Terrace offers 7,150sqm (approx.) of office accommodation over four levels. The floor plates of rectangular shape on all four levels offer 2,000sqm (approx.) of office space per floor, with the exception of the lower ground floor which measures around 1,150sqm.

Due for completion in November 2017, and targeting 4.5 star NABERS Energy and 5 star Green Star ratings, this property presents investors with an “annuity-style” commercial office property with minimal ongoing management requirements in a strategic location.

In addition, 38 Mann Street provides a two storey heritage building of 230sqm (approx.), lending itself to retail, cafe or boutique office use.

Net lettable area:-
- 99 Georgiana Terrace: 7,150sqm (approx.)
- 38 Mann Street: 230sqm (approx.)
- TOTAL: 7,380sqm (approx.)

- Site area: 4,250sqm (approx.)
- Car Parking: 91 secure car spaces
- Typical Floor Plate: Typically 2,000sqm (approx.)
- WALE: 10 years by income (as at 1 November 2017)
- Net Passing Income: $3,029,125 per annum (fully let).

99 Georgiana Terrace and 38 Mann Street, Gosford is being sold by Expressions of Interest closing 5 October 2017 at 4pm (AEST).

Property ID: 502542722Last Updated: 30 Apr 2018

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This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
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99 Georgiana Terrace
Gosford, NSW 2250
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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