2/56 The Entrance Road, THE ENTRANCE NSW

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2/56 The Entrance Road, THE ENTRANCE

$850,000

Floor Area 263m²
Land Area 288m²

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For Sale

Property Details

Property Type Hotel/Leisure

Land 288m²

Floor 263m²

Solid investment return with long-term established tenant!

Highlights

  • Long-term tenant
  • Strong rental return
  • Great entry level investment

  • Presenting a prime investment opportunity in the thriving coastal hub of The Entrance � a lively lifestyle and tourism destination at the heart of the Central Coast. Known for its stunning waterfront, buzzing esplanade, and constant visitor activity, The Entrance is a magnet for both locals and holidaymakers, making it a thriving commercial precinct all year round.

    This 263m2 approx. premises occupies a prime position on The Entrance Road, surrounded by busy cafés, bars, restaurants, and boutique retail, and just down the road from the water's edge. The property is currently leased to an established backpackers hostel and has been thoughtfully upgraded to suit its current use. This property provides a strong holding income and the security of a lease in place until March 2027 with an additonal 3 year option.

    Property Features:
    • 263m2 approx. second floor premises
    • Tenanted backpackers hostel with secure lease
    • Located in the heart of The Entrance's entertainment and retail strip
    • High pedestrian and vehicle traffic area
    • Minutes to the waterfront, parks, and attractions
    • Proximity to public transport
    • Strategically improved to suit present use
    • Equipped with air-conditioning/heating
    • Zoned E1 Local Centre for commercial use with future potential (STCA)
    • Strong tenant demand in this thriving tourism hub

    This is a fantastic opportunity to secure a low-maintenance, income-producing asset in one of the Central Coast's most dynamic coastal destinations. An ideal investment for those looking to secure a well-located commercial asset with passive income in a growth area with long-term appeal.

    For more information, please call Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today to learn more about this exciting opportunity!

    Property Brochures

    • Property ID 35CHXT

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    For Sale

    Property Details

    Property Type Hotel/Leisure

    Land 288m²

    Floor 263m²

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    How can we help?

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    Ben Purdue

    Principal Licensee

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    Tom Bore

    Commercial Sales Consultant

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