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Industrial/Warehouse

127-129 Young Street Carrington, NSW 2294

Sold for $815,000 on 27 Nov 2019Floorplan
  • Building/Land: 869m²
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Industrial/Warehouse in Carrington

Unique Carrington Opportunity

  • Building/Land: 869m²

Terrace homes and warehouse ideal for owner occupier or investor seeking immediate return potential.

  • Five* minutes from the Newcastle CBD
  • To be sold by Expressions of Interest
  • Zoned IN2 Light Industrial
  • BEING OFFERED INDIVIDUALLY OR IN ONE LINE

This site represents an impressive opportunity for the potential owner occupier or prudent investor, located in convenient and sought after, harbour side suburb Carrington.

Lot 3 (131-133 Young St, Carrington):

  • Two terraces currently let for a combined $620 per week with excellent potential to improve yield and add value.
  • Interior features include fireplaces and updated kitchen + bathrooms.
  • Site 373m* with 14.9m* frontage with the terraces offset to the right hand side of the front boundary, wide car access to the left.

Lot 4 (127-129 Young St, Carrington):

  • Industrial warehouse with versatile concrete pad covering most of the external site with a wide apron.
  • Offered with vacant possession or short term lease back
  • Practical hardstand area of 194m* + lockable storage yard
  • Internal space provides a separate office, and internal amenities including shower.
  • Site 496m* Building 150m*

*Approximately

For Sale by Expressions of Interest closing 12 noon, Wednesday 6th November 2019

Building:

869m²

Land:

869m² / 0.21 acres

Zone:

Zoned IN2 Light Industrial

Categories:

Industrial/Warehouse, Other

Investment Information

Tenancy Status:

Partially Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

127-129 Young Street, Carrington, NSW 2294