29 Hely Street, Wyong
One on one private inspections are welcome. Please contact the agent to arrange. All in-person viewings will be between the agent, and one additional person. All necessary measures have been put in place to ensure the health and wellbeing of all parties.
29 Hely Street has the best of both worlds – 655sqm of lettable area (currently over 80% leased) with potential for a higher density redevelopment (STCA).
Occupied by 3 tenants this property has the potential to show a 6.6% yield with endless opportunities to further improve by leasing the balance of the building, future lease renewals and/or building extension over carpark for example.
There is an abundance of onsite parking (18 spaces) which is accessed from Hardware Lane and secured/gated. There is ramp access to Hely Street from the car park.
The property's location and civic exposure provides a fantastic opportunity for the astute investor to purchase a prime freehold property along one of the main arterial roads of the Wyong Town Centre. With minor renovations, extension or a full redevelopment (STCA), the possibility to value-add to this property will see the site adapt to a multitude of uses.
For more information, contact Brett Hunter 0410 630 222.