29 Hely Street Wyong, NSW

This exceptional property is positioned in the centre of the CBD of Wyong NSW and represents amazing value with uplift potential plus two fixed long-term tenants and provision for additional office space and garage storage.

On behalf of our valued client, LJ Hooker Commercial Central Coast considers this opportunity as being unique for such a well located commercial office investment with passive income plus the significant upside for re-development and renovation.

Property features:
- Ideally located close to the Wyong Railway Station, the new Wyong Courthouse and Police Station, Wyong Art House and Central Coast Council plus a plethora of other government and NGE service providers
- Located in Wyong CBD
- Close to the M! Sydney to Newcastle Motorway
- Zoned B3: Commercial Core
- Male & Female bathrooms (disabled included)
- Kitchenette/ lunchroom
- 18 (secure) car parks
- Brick building with minimal landscaping and maintenance
- This property will benefit from the planned Wyong Pacific HWY infrastructure redevelopment


TENANCY INFORMATION:

Lower Ground Floor Offices 2 & 3 and Whole of Ground Floor, including Car Spaces 1, 2 and 10 - 18
Tenant: New Horizons
Annual rent: $83,636 + GST
Recoverable Outgoings: 100% payable by tenant for whole of Ground Floor, $1,440 + GST for electricity only for lower ground floor
Term: 2 years
Option: 2 years
Commencement & expiry: 26th September 2020 to 26th September 2022

2nd Floor
Tenant: Central Coast Community Care Association Limited
Annual rent: $30,000 including outgoings
Recoverable outgoings: $416.67 per month / $5,000.04 per annum
Term: 1 year
Option: 1 year
Commencement & expiry: 14th June 2021 to 13th June 2022

Lower Ground Floor Suites 4 & 5 are currently vacant and are approx. 80m2 (in total).



Disclaimer:
All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Commercial Central Coast by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.