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Industrial/Warehouse

1B George Street Mayfield East, NSW 2304

Sold for $2,250,000 on 21 Apr 2021Floorplan
  • Building: 2,262m²
  • Land: 3,707m²
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Industrial/Warehouse in Mayfield East

Strategically Located Industrial Site with Multi Tenancy Income

  • Building: 2,262m²
  • Land: 3,707m²
Additional Information:
Floorplan

An increasingly rare city fringe industrial land banking investment opportunity, boasting fully let income with strong tenure outlook.

- Land area 3,707m²*

- Building area 2,262m²*

- 5 tenancies currently returning $105,000* gross annual income

- Zoned IN2 Light Industrial

- Situated in an outstanding location in close proximity to Newcastle harbour & CBD with excellent egress via Industrial Drive to major arterial routes.

For Sale via Auction: On-site, Wednesday 21st April 2021, 10:30am

*Approximately

Building:

2,262m²

Land:

3,707m² / 0.91 acres

Zone:

IN2 Light Industrial

Share:

Investment Information

Tenancy Status:

Fully 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

1B George Street, Mayfield East, NSW 2304