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Colliers - Newcastle

67-73 McMichael Street Maryville, NSW 2293

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67-73 McMichael Street,
Maryville, NSW 2293

Warehouse, Factory & Industrial

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Colliers - Newcastle
Luke Rutledge
Tim Woolf

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
67-73 McMichael Street
Maryville, NSW 2293

Map of 67-73 McMichael Street

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Income Generating Warehouse in Perfect Location

  • Passing net income - $65,000
  • 1,072sqm site area
  • 67% site coverage
- The sites current configuration holds two distinct adjoining holdings identified as 67 and 73 McMichael Street, Maryville.

- 67 McMichael Street incorporates a single storey commercial office building currently leased on a new 3 + 3 + 3 year term to Forum Engineering for $65,000 p.a. net.

- 73 McMichael Street offers a vacant industrial warehouse with associated two storey office and amenities accommodation with an estimated market income once leased of $55,000* p.a. net.

- The combined holding provides a regular shaped corner position with a site area of 1,072.4sqm and an assessed lettable area of 787sqm* which reflects a 67% site coverage.

- The asset provides a unique opportunity for an astute investor or part owner occupier to capitalise on the dual income potential the site provides in an excellent CBD fringe location.

- This offering is For Sale by Private Treaty.

For more information please contact the exclusive selling agents of Colliers International, Tim Woolf or Luke Rutledge.


*Approx.

Property ID: 503482742Last Updated: 28 Sep 2020

Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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