A rare opportunity presents itself to secure a substantial industrial holding in the heart of the thriving West Gosford industrial precinct. Offered in one line, this unique asset comprises two amalgamated lots at 10-12 Grieve Road West Gosford, (Lot 15 &16 in Deposited Plan 241800), with a total of 15 industrial units spread across both titles. 10 Grieve Road West Gosford comprises 8 units facing east. 12 Grieve Road West Gosford comprises 7 units facing west. Each unit is 106.11 sqm*, with a mix of individually and jointly tenanted spaces. The property is fully leased, with a strong leasing history and consistent tenant demand. Units are known to lease quickly upon vacancy, making this a low-risk, high-yield investment. This property is well positioned, located just off Manns Road which is the main road through the West Gosford Industrial estate. The property could also appeal to owner-occupiers, with the potential to utilise 5–6 adjoining units while benefiting from rental income from the remaining tenancies. The site presents a value-add opportunity for developers to strata-title the units (Subject to council approval) and undertake refurbishments as leases expire, with the potential to sell the units individually. Recent capital upgrades include a new roof over the majority of the site and upgrades to the power supply. *Approximately
Richiesta email a Knight Frank - Central Coast
Immobiliare ID: 504914200
Originale Immobiliare ID: 504914200