Offered for Sale Via Expressions of Interest, 144-148 Pacific Highway Tuggerah is primed for redevelopment. A 95m* wide, 23,418 sqm* block over two lots, located in the heart of the Central Coast commercial core, the property consists of multiple tenancies, with the purchaser benefiting from a substantial holding income during their and the planning and design stage.
With new business parks, rapidly growing modern housing estates and high density developments within its surrounds, Tuggerah is the fastest growing area within the Central Coast local Government Area. Its growth is rivalling that of major Sydney regional centres and with its easy access to the F3 and only 90km (approx.) to Sydney, the suburb is a major destination for the large influx of people who have decided to make lifestyle changes away from major city centres. This growth is only expected to continue, with the upgrading of the Sydney to Newcastle rail link, the pipeline new development, the increase in employment opportunities within the Central Coast LGA and with International and National service providers and retailers, such as Westfield Tuggerah and many other International and National operators that have established themselves within the suburb.
The Expressions of Interest campaign closes Tuesday 8th June at 3pm.
Investment Highlights:
- 23,418 Sqm Site Area*
- Fully Leased Income $738,693.85+ GST*
- 95m Frontage*
- Strong Value Add and Development Potential
- Dominant Position allowing unrivalled Street presence on the Pacific Highway
- Established Operators
- Established destination with neighbouring occupiers that Westfield’s, Sydney Tools McDonalds Australia, Ford Motor Company and BP
* All figures quoted are approximate
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