8 TENANTS – ERINA FREEHOLD – RENTAL GROWTH + DEVELOPMENT POTENTIAL.

Welcome to the world of double digit returns on this outstanding freehold commercial investment, located in the Central Coast’s most desired commercial suburb. This Erina investment opportunity will be rewarding you from day 1.

Lifestyle Erina has undergone extensive upgrades to secure new tenants as well as re-signing the major tenants to new long term leases.

Current net income of $408,000 (approx) is the benefit of having 8 tenants secured with all leases backed by bonds / guarantees.

Tenancy 1. Dance@Nikki Webster (3 years)
Tenancy 2. Anytime Fitness (5 years + 5 years)
Tenancy 3. Beach Pre School (5 years)
Tenancy 4. Living Om (2 years)
Tenancy 5. Lighthouse Before & After School Care (5 years)
Tenancy 6. Hair and Beauty Central (2 years)
Tenancy 7. Danillo Coltrot/as Gracie Barra (2 years)
Tenancy 8. Imagine Images Photography ( 1 year)

Current average rental throughout LIFE.STYLE is a touch over $200/m2 on a net basis, so you have plenty of upside in the future rental.

INVESTMENT BENEFITS INCLUDE:
Full compliment of tenants – no vacancies.
All tenants have bond or guarantee in place.
Rentals have room to increase future income growth .
Major tenants secured on long leases.
Floor space ratio allows further development in the future.
Freehold building that could be subdivided, allowing sale of individual strata lots.
Multiple income streams ensure that you are not reliant on a single tenant, spreading your risk.

If you are seeking a Blue Chip opportunity, then the answer is LIFE.STYLE Erina.