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SOLD

24 Strathmore Road, Caves Beach, NSW, 2281

Properties / Sold / New South Wales / Caves Beach

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

2,222 m² (*approx)

Floor Area

1041 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse

Est. Income

$116,939 p/a

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2. Property Highlights

100% Occupied Industrial Investment in Caves Beach - 5 units in one line

Returning $116,939.30* per annum + GST
Tenants pay 100% of outgoings
Zoned E4 General Industrial

Auction Location: 10 Newcomen Street, Newcastle NSW 2300

For Sale by Auction on Wednesday 31 July 2024 at 11am via online portal AuctionsLive

Rarely found in Caves Beach's industrial precinct, this impeccably maintained property features 5 high-quality units on one title, generating approximately $116,939.30 + GST in annual income (fully leased) with a 1.5-year WALE and options.

Constructed with tilt-up panels, each unit offers roller door access, office space, mezzanine levels, and dual bathroom amenities—all secured within a fully fenced perimeter. Strategically located at 24 Strathmore Road on a corner block, it provides convenient access to essential amenities and major transport routes, making it an ideal investment for astute investors and business owners alike.

Key Features:

- Site area 2,222sqm*

- Building area 1,041sqm*

- 5 units each comprising, high clearance warehouse, office, mezzanine, and dual bathrooms, including shower

- Impeccably maintained with minimal upkeep

- Fully fenced perimeter

- Fully leased with 1.5 year WALE and options

*Approximately

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Industrial

Sub-type

Office/Warehouse

Est. Income

$116,939 p/a

Wale

1.5 years

Land Area

2,222 m² (*approx)

Floor Area

1041 m² (*approx)

Selling Method

Auction

Auction Date

31 Jul 2024 11:00AM

Add to calendar

Selling Details

Contact Agent

2. Property Highlights

100% Occupied Industrial Investment in Caves Beach - 5 units in one line

Returning $116,939.30* per annum + GST
Tenants pay 100% of outgoings
Zoned E4 General Industrial

Auction Location: 10 Newcomen Street, Newcastle NSW 2300

For Sale by Auction on Wednesday 31 July 2024 at 11am via online portal AuctionsLive

Key Features:

- Site area 2,222sqm*

- Building area 1,041sqm*

- 5 units each comprising, high clearance warehouse, office, mezzanine, and dual bathrooms, including shower

- Impeccably maintained with minimal upkeep

- Fully fenced perimeter

- Fully leased with 1.5 year WALE and options

*Approximately

Remember to mention you found this property on CommercialReady

24 Strathmore Road, Caves Beach, NSW, 2281 Caves Beach

Commercial Collective

10, Newcomen Street, Newcastle, Newcastle City Council, New South Wales, Australia, 2300

Sarah Willcox

+61 *** *** *** show +61 421 133 848

Jacob Siever

+61 *** *** *** show +61 481 553 762

Benjamin Morello

+61 *** *** *** show +61 402 489 498

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

24 Strathmore Road, Caves Beach, NSW, 2281