14/1 Bounty CloseTuggerah NSW 2259
Property Details for 14/1 Bounty Cl, Tuggerah
Last Listing description (December 2023)
On behalf of our valued landlord client we are pleased to bring this excellent income producing property to the market.
Take advantage of this outstanding opportunity to secure your future commercial office space investment property located at the entrance to the popular Tuggerah Business Park, with signage and main road to over 40,000 passing cars on average per day providing high exposure, 24/7.
Consisting of approximately 342 m2 of high quality office space, this large, professional, and versatile suite has an established business tenant with a fresh 2 year lease plus option. Including a boardroom, 6 partitioned offices/ extra meeting rooms, breakout kitchen area, air conditioning and plenty of onsite parking, the employment training group that has taken the lease has negotiated a very affordable rental rate which means there is plenty of potential for income growth well into the future.
There is also a bonus 49m2 (included) film / podcast studio with a separate entry. Use this or lease out for an additional income stream.
The current owner is also willing to sell for a very fair price to ensure the new owner benefits from a great return. Separate approx. 90m2 (included) office area with additional separate access so you can further subsidise your asset or allow your tenant to split the executive team off, whilst future proofing your business property asset for growth.
Tuggerah is arguably one of the most sought-after commercial areas of the Central Coast. Westfield Tuggerah is minutes away, as is the revamped Tuggerah Railway Station. This property is also close to the renovated Home Co. Super Centre and is positioned perfectly at the centre point of the region and halfway between Sydney & Newcastle, making it perfect for both local and national businesses, their staff and clients.
Initial Term: 2 years
Option Term: 1 year
Commences: 1/1/2024
Rent: $80,000 NET pa + GSt
Annual Increases: CPI or 3% whichever is the greater
Don’t delay! Investments like this a rare in the current climate. Please call today to arrange your inspection.
Property History for 14/1 Bounty Cl, Tuggerah, NSW 2259
- 27 Nov 2023Listed for Sale Sold
- 27 Nov 2023Listed for Rent - Price not available
- 20 Jul 2023Listed for Rent $80,000 / year
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0About Tuggerah 2259
The size of Tuggerah is approximately 9.7 square kilometres. There are 14 parks, covering nearly 23.3% of the total area. The population of Tuggerah in 2016 was 927 people. By 2021 the population was 925 showing a population decline of 0.2% in the area during that time. The predominant age group in Tuggerah is 20-29 years. Households in Tuggerah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tuggerah work in a community and personal service occupation.In 2021, 60.00% of the homes in Tuggerah were owner-occupied compared with 60.30% in 2016.
Tuggerah has 1,876 properties. Over the last 5 years, Houses in Tuggerah have seen a 23.51% increase in median value, while Units have seen a 17.89% increase. As at 31 July 2026:
- The median value for Houses in Tuggerah is $866,474 while the median value for Units is $730,909.
- Houses have a median rent of $655 while Units have a median rent of $545.
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