Positioned on a 2,156 sqm* parcel of land in West Gosford’s Industrial area, this property features two older style warehouses of colorbond construction that are currently leased. This site is ideal for an investor looking to benefit from the existing tenants who are happy to stay. Given the scarcity of land in West Gosford, the site also offers development potential for those interested in constructing a purpose-built facility. Unit 1 - 240 sqm*, is leased on a monthly basis and is primarily used for storage. Unit 2 - 220 sqm*, is leased to a food manufacturing business on a three-year lease expiring on January 31, 2027. The combined net rent for these units is approximately $59,000 per annum plus GST. Most outgoings are covered by the tenants, except for 50% of building insurance and a small portion of land tax (refer to Information Memorandum). The property is secured with fencing and gates, providing ample space for parking and equipment storage. Zoned E4 - General Industrial, it is suitable for manufacturing, warehousing, and distribution. The site is conveniently located near other trades in West Gosford, close to the Gosford CBD, and only 10 minutes* from the M1 Motorway. This property is set to go to auction at 11am on Friday, March 14, 2025, in our rooms at Tuggerah. *Approximately
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