<p>Located on the western side of Pacific Highway in Tuggerah, the property sits within the <strong>Central Coast region</strong>, the third largest urban area in New South Wales behind only Sydney and Newcastle. The immediate area is widely regarded as the <strong>premier destination for Bulky Goods Retail</strong> on the Central Coast.</p><p>The site benefits from exceptional surrounding amenities including <strong>Westfield Tuggerah</strong> (2.8km), <strong>Bunnings Tuggerah</strong>, <strong>Tuggerah Railway Station</strong>, and various big-name commercial operators. Additionally, the property is conveniently positioned close to an on-ramp of the <strong>M1 Pacific Motorway</strong> (3km), providing easy connectivity between Sydney (98km) and Newcastle (70km).</p><p>The Central Coast region is experiencing significant growth, with a <strong>forecasted 14.35% population increase from 2024 to 2041</strong>. This expanding population base is supported by a diverse employment industry with Health Care & Social Assistance being the largest sector (26,789 jobs), followed by Construction, Trade & Retail, and Education & Training.</p><p>The region contributes $19.79 billion in Gross Regional Product annually, accounting for 2.69% of NSW's total Gross State Product, highlighting its economic significance and growth trajectory.</p>

<p>The property features two well-established tenants in the home improvement retail sector:</p><ul><li><strong>Beaumont Tiles</strong> (Unit 1A) - A leading national tile retailer with a strong brand presence across Australia. Beaumont Tiles has recently committed to a new 5-year lease commencing December 2023, with two 5-year options, demonstrating their long-term commitment to the location. Their rent is subject to CPI reviews.</li><li><strong>Derry's Flooring Warehouse</strong> (Unit 1B) - A specialist flooring retailer offering carpet, vinyl, laminate, timber, blinds and shutters. They are secured on a 5-year lease from August 2022 with one 5-year option to renew. Their lease includes favorable 3% annual rent increases.</li></ul><p>Both tenants operate in complementary businesses within the home improvement sector, creating a synergistic retail offering that attracts a similar customer base. The property benefits from their established operations and the strong performance of the Large Format Retail sector, which has demonstrated resilience and growth even amid challenging market conditions.</p>

<p>This investment opportunity offers a <strong>secure income stream of $256,332.30 Net Per Annum plus GST</strong> from two established tenants:</p><ul><li><strong>Unit 1A - Youngsa Pty Ltd trading as Beaumont Tiles</strong>:<br>- Lease Term: 5 years (from 1st December 2023 to 30th November 2028)<br>- Options: Two 5-year options<br>- Rent: $183,473.67 Per Annum Gross plus GST<br>- Rent Reviews: CPI</li><li><strong>Unit 1B - Derry's Flooring Warehouse Pty Ltd</strong>:<br>- Lease Term: 5 years (from 7th August 2022 to 6th August 2027)<br>- Options: One 5-year option<br>- Rent: $111,782.73 Per Annum Gross plus GST<br>- Rent Reviews: 3% per annum</li></ul><p>The total outgoings amount to <strong>$38,924.10 annually</strong>, comprising:</p><ul><li>Council Rates: $6,758.97</li><li>Land Tax: $3,727.70</li><li>Water: $2,047.43</li><li>Strata: $26,390.00</li></ul><p>This results in a <strong>Net Effective Rental of $256,332.30</strong>, providing a strong income return with built-in growth through the CPI and fixed 3% annual rent review mechanisms.</p>

<p class="mb-4"><u>184-186 Pacific Highway, Tuggerah </u><strong>Unit 1 – 1,500sqm*</strong></p><p class="mb-4">$380,000 N/pa + GST ($253.33/sqm)&nbsp;</p><p class="mb-4">10 year lease</p><p class="mb-4">10 year + 5 year options</p><p class="mb-4">Negotiated Aug-24, commenced in Jan-25</p><p class="mb-4">Leased to Battle Karts</p><p class="mb-4">&nbsp;</p><p class="mb-4"><u>184-186 Pacific Highway, Tuggerah </u><strong>Unit 2 – 800sqm*</strong></p><p class="mb-4">$176,000 N/pa + GST ($220/sqm)</p><p class="mb-4">7 year lease</p><p class="mb-4">5 + 5 + 5 year options</p><p class="mb-4">Negotiated off-plan in Nov-21 (initial deal to get the project going), commenced Apr-25</p><p class="mb-4">Leased to Pet Quarters&nbsp;</p><p class="mb-4">&nbsp;</p><p class="mb-4"><u>184-186 Pacific Highway, Tuggerah </u><strong>Unit 3 – 898sqm*</strong></p><p class="mb-4">$215,520 N/pa + GST ($240/sqm)</p><p class="mb-4">7 year lease</p><p class="mb-4">5 + 5 year options</p><p class="mb-4">Negotiated Sep-23, commenced Nov-2024</p><p class="mb-4">Leased to Salvos Store</p><p class="mb-4">&nbsp;</p><p class="mb-4"><u>184-186 Pacific Highway, Tuggerah </u><strong>Unit 6 – 1,543sqm*</strong></p><p class="mb-4">$347,175 N/pa + GST ($225/sqm)</p><p class="mb-4">10 year lease</p><p class="mb-4">5 year option</p><p class="mb-4">Negotiated Nov-23, commences April/May 25</p><p class="mb-4">Leased to Anytime Fitness</p>

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