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Colliers - Newcastle

81 Fern Street Islington, NSW 2296

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81 Fern Street,
Islington, NSW 2296

Development Sites & Land

Price information

Sold

$2,100,000

Detailed listing

Key property information

Land area

Floor area

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Map of 81 Fern Street

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Rare city fringe development opportunity

  • Building area - 1,341m²
  • Five separate titles
  • Holding income of $86,201.96 net pa
A rare city fringe opportunity with holding income, the property is split over five titles with two separate zonings, with the three titles fronting Fern Street being B4 Mixed Use while the remaining two titles fronting Wallace Street zoned R3 Medium Density Residential.
The site area totals 1,116 square metres*.

Improvements on site consist of a large two-storey workshop / warehouse building with a small office and reception area fronting Fern Street.
The warehouse is accessed by three roller doors off Wallace Street and the building also benefits from off street parking.

The building is currently occupied by long term tenants, Broadley Signs, who are currently on a holdover provision.
They are paying $86,201.96* per annum plus Outgoings (plus GST).

For Sale by Public Auction Thursday 21 July 2022 at 10:30am (AEST)
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

*Approximate.

Property ID: 504091247Last Updated: 6 Aug 2022

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
81 Fern Street
Islington, NSW 2296

Detailed listing

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