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Colliers - Newcastle

18 Gavey Street Mayfield, NSW 2304

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18 Gavey Street,
Mayfield, NSW 2304

Warehouse, Factory & Industrial

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Key property information

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Map of 18 Gavey Street

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Entry level investment with upside

  • Total building area 533sqm*
  • Passing net income $52,500 pa (plus GST)
  • Potential to increase income
Located on the northern side of Gavey Street, Mayfield. The subject property is situated on a large 2,017sqm* site and comprises a free-standing warehouse divided into three warehouse bays, together with attached office and amenities.
The warehouse incorporates multiple roller doors with the majority of the site being sealed concrete hardstand.

Property Features
- Building area 533sqm*
- Net passing income $52,500 per annum (plus GST) leased to April 2022
- Potential to increase income
- Zoned IN2 Light Industrial
- Site area 2,017sqm*
- Freehold property over multiple lots with great concrete hardstand
- Convenient city fringe location
- High clearance warehouse incorporating multiple roller doors
- The improvements occupy a low 26% site coverage providing scope for further development of the site (STCA)

For Sale by Public Auction | Thursday 26 March 2020 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle

*Approximate

Property ID: 503460398Last Updated: 12 Dec 2022

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
18 Gavey Street
Mayfield, NSW 2304
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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