Invest / Develop - R1 Zoned With Tenant.

50 Hills Street North Gosford, NSW 2250

Sold $765000

Located extremely close to the Gosford CBD in a medium density area is this great opportunity to invest in a leased property with excellent returns with the ability as a result of the R1 zoning to develop further. (STCC)
The property sits within easy reach of all major CBD facilities including rail, bus interchange, both private & public hospitals, medical university, schools & the waterfront precinct.
The infrastructure & growth currently being experienced in the area is tremendous & ever continuing.
– The property is leased until October 2023 by a medical professional with a further 3 year option.
– Property returns $20k plus GST per annum.
– Tenant pays GST & 100% of all outgoings.
– R1 zoned, 547m2 level block.
– Floor space = approx. 100sqm.
– Large reception & waiting area.
– Separate office/consult room.
– Large petitioned treatment areas.
– Male & female amenities.
– Kitchen.
– Off street parking with large storage shed/garage at rear.
With current minimal bank interest rate returns, seeing the return here & growth in property values it’s worth doing the numbers & looking at the potential.
Having a property like this that is located within an R1 medium density area is gold & future proofs your investment.
Private Inspections, call Greg – 0418863704

Property Features
  • House,sale
  • 2 bed
  • 1 bath
  • 1 Parking Spaces
  • Land is 547 m²
  • Garage
  • Satellite
  • Street View
  • Transit
  • Bike
  • Comparables
Greg Ramsey
Principal/Licensee in Charge
0418 863 704
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