Tuggerah Business Park commercial unit sold

Unit 6, 1 Pioneer Avenue, Tuggerah Business Park has sold for $640,000 (GST not applicable) to an investor providing a commencing yield of 6.85% pa.
The 200 sqm property is leased to Priority Business Lawyers on a 5 x 5 year lease expiring February 2020 at a rental of $45,977 per annum plus Outgoings and GST.
Ty Blanch from L J Hooker Commercial Central Coast negotiated the sale.