Located in one of the Central Coast’s high growth area’s is this quality investment opportunity comprised over two titles. The properties are available together or can be sold separately.
168 Wallarah Rd, Gorokan is available for $1,100,000 consisting of a medical building with multiple tenants including a popular local Dentist with the residual of the building being leased to associated medical practices and a small portion currently for lease. Current total income $59,993.05 (5.45% yield) across three tenants with more space available to increase this return to an estimated $93,083.96 (8.46% yield).
166 Wallarah Rd, Gorokan is available for $500,000 consisting of a residential house currently rented at $18,720 pa on a 12 month residential lease (3.74% yield).
Features include:
-Two properties available combined or separate.
-Multiple tenants in place.
-High growth area of the Central Coast.
-Mixture of dental, associated medical and residential tenants.
-Plenty of parking onsite.
Property video and Information memorandum links located in additional details above.
If you would like an information memorandum or to arrange an inspection, please call Ben Purdue 0450 719 600 today!