19
Giggins
Road
heatherbrae
NSW,
2324
SOLD
Sold for $1,000,000
3
Land: 1692 sqm
Property: 720 sqm
INDUSTRIAL PROPERTY FOR SALE IN HEATHERBRAE!
A golden opportunity presents itself in the Industrial Estate in Heatherbrae returning a gross income of $83,200 pa
Nestled on a corner block with dual access to both Jura Street & Giggins Road in Heatherbrae spread across a stunning 1692sqm parcel of land, one street back from the Pacific Highway.
Including three units with paved car parking area with allocated parking for each unit plus modern tilt panels & color bond construction!
Two of the three units have NEW three year leases with two year options & one currently rented returning $1600.00 per week
Extra features of each unit include:
Unit 1
• Freestanding unit with office area
• Workshop
• Separate yard
• 2 Bathrooms
• Caretaker Residence upstairs divided into 2 x 1 bedroom flats
• Floorspace - 130m2
• Yard - 100m2
• Currently rented @ $650 p/w
Unit 2
• Office Area
• Workshop
• 2 Toilets & A Shower
• Office/Storage room upstairs
• Floorspace - 180m2
• Recently commenced 3 year Lease @ $475 p/w
Unit 3
• Office Area
• Workshop
• 2 Toilets & A Shower
• Mezzanine floor 70m2
• Floorspace - 310m2
• Recently commenced 3 Year Lease @ $475 p/w
Annual Gross Income
Rentals - $83,200 p.a
Annual Outgoings
Land Rates -$3,800 p.a.(approx.)
Water Rates -$440 p.a. (approx.)
Building Insurance -$2,205 p.a.(approx.)
Call the team for more information today, an opportunity not to be missed
Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, PRDnationwide Hunter Valley does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. PRDnationwide Hunter Valley accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.
Agents
Nearby Schools
About heatherbrae
median house price
$2,500,000suburb growth
119.3%median house rent
$800suburb rental yield
1.6%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
