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Ground Lease for Sale - Blue Chip Commercial Investment
Ground Lease for Sale - Blue Chip Commercial Investment
Ground Lease for Sale - Blue Chip Commercial Investment
Ground Lease for Sale - Blue Chip Commercial Investment

For Sale

Expressions of Interest 25th Oct 2019 Health.Gosford@colliers.com

Ground Lease for Sale - Blue Chip Commercial Investment

An exceptional opportunity exists to acquire a ground lease of a four level commercial building with two retail offerings, to be constructed above a multi-level 805* space car park. The tower is located on the eastern side of Gosford Hospital within the Health and Wellbeing Precinct, accessed via Showground Road.

Gosford is located on the Central Coast, 51km* north of the Sydney CBD and 90km* south of the Newcastle CBD. The site is 1.3km* north of the Gosford CBD and 300m* north of the Gosford Train Station.

This offering is available to market as a long-term 40 year ground lease over the development footprint to allow for the construction of Building B.

Further features include
-Building area 8,723sqm*
-20 + 20 year net lease to NSW State Government
-Situated above a multi-level, 805* space car park
-Flexible B4 Mixed Use zoning
-Passing net income of $1,607,580pa*
- Potential Fully leased net income of $3,430,710pa*
-Panoramic views available from completed development
-Large 2,061sqm* floorplates with central core

Colliers International is exclusively offering Building B, Gosford Health and Wellbeing Precinct Ground Lease For Sale via Expressions of Interest – Please contact Andrew Graham or Peter Macadam of Colliers International for more information.


*Approximate

Property Details

  • 07/06/2020
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