FREEHOLD INDUSTRIAL INVESTMENT FOR SALE
Located in the Showground Industrial Estate just over 1 klm from the CBD and outside of the influence of the flood zone, this solid brick and besser block industrial building has a footprint of approx 159 sqm (internal) + 41 sqm mezzanine accommodating 2 partitioned offices + tea room.
Leased to Stephen Coote (as an engineering workshop for more than 12 years), the current lease is for a 5 years term from 1st Dec 2012 to 30th Nov 2017. Current rent $1300 pm = $15,600 pa excluding GST + Outgoings. Rent increases annually by $50 pm = $600 pa.
The size of Gosford is approximately 3.4 square kilometres. It has 18 parks covering nearly 31.2% of total area. The population of Gosford in 2011 was 3,391 people. By 2016 the population was 3,498 showing a population growth of 3.2% in the area during that time. The predominant age group in Gosford is 20-29 years. Households in Gosford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gosford work in a professional occupation. In 2011, 29.8% of the homes in Gosford were owner-occupied compared with 26.9% in 2016.
Gosford has 4,540 properties.
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