Description

Here's a great opportunity to buy a retail investment with dual income right in the heart of Gosford CBD!

The shop offers a corner position at the William St entrance to Central Plaza arcade and has exposure both internally to the arcade, as well as externally to the street.

The property for sale is one (1) strata title lot that has been physically split in to two (2) separately lettable shops.

Shop 16 is occupied by "One Minute Cash Store" and will offer a new Five (5) Year lease with a commencing rent of $36,400 per annum gross (+ GST if applicable).

Shop 16A is occupied by "Smiles on the Coast" and will offer a new Three (3) year lease with a commencing rental of $14,040 per annum gross (+ GST if applicable.

After deduction of the current outgoings (strata levies, council rates and water rates), the rental return reduces to approx. $34,684 per annum (+ GST if applicable), providing a healthy return on investment!

Further details for the property are available upon request.

Close to Gosford Train Station and Buses and Gosford Hospital. Enquire today to avoid missing out on this great property!