Highlights
Solid anchor tenant in place
Multiple tenancies
Secure long-term lease
If you're looking for a Commercial property that ticks all your investment boxes, then this property is definitely worth a closer look!
Currently enjoying a secure long-term lease to My Home Care Pty Ltd, a multi-branded in-home care package provider operating across multiple locations throughout NSW, from Sydney to Coffs Harbour.
Located in Bounty Close at the Eastern entry to the Tuggerah Business Park with convenient proximity to Tuggerah Westfield, Tuggerah Super Centre, Bunnings, Service NSW, many specialty shops, Tuggerah Train Station & local Bus stops.
The current fit out features an open plan design, large boardroom, staff room & amenities, multiple open plan areas, office suites, it can be efficiently arranged to maximise a tenancies team requirements enjoying quality floor coverings, paint & IT cabling in place, this property has it all.
THE TENANT
My Home Care Pty Ltd are operating in a high growth industry with upward trending demand resultant of Australia's aging population. Having eclipsed the permanent resident aged care number of patients, the sector is providing 263,000 older Australians a Home Care Package compared to just 194,000 in residential care. Last year the sector grew another 19% as opposed to residential care growing by only 3%. #1
SUMMARY OF AREAS
Unit 1 - My Home Care Pty Ltd
840m2•
Unit 1a - Vendor can lease back or be sold with vacant possession
124m2•
Total NLA 964m2• (excluding parking)
Coupled with the 840m2• My Home Care tenancy, there is an additional 124m2• area consisting of office & storage area known as 1a. The lessor can lease back unit 1a in line with first term of unit 1 lease or, unit 1a can be sold with vacant possession if the purchaser requires the area for their own use.
The property has plenty of parking for the tenancy with seven (7) allocated car spaces & a large rear car park used on a first come first serve basis.
Features include:
• Solid long-term tenant in place
• Secure 5-year lease with 5-year option
• Modern fit out in place
• Loads of natural light
• Allocated car spaces
• Office & storage area with roller door access
•Approximate
#1 Source: The Weekly Source
For more information or to arrange an inspection, please call Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today!
