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Unit 3, 30 Rural Drive Sandgate, NSW 2304

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Unit 3, 30 Rural Drive,
Sandgate, NSW 2304

Warehouse, Factory & Industrial

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Map of Unit 3, 30 Rural Drive

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INVESTMENT OPPORTUNITY

Colliers International Newcastle is pleased to offer For Sale an excellent industrial strata titled workshop located at Lot 3, 30 Rural Drive, Sandgate.

The property is leased to ACIRL Quality Testing Services Pty Ltd on a 3 + 3 year lease commencing 7 March 2012 with a rental income stream of $45,000 per annum net plus GST.

The property forms part of a three unit strata titled complex located on Rural Drive, which is on the main road servicing Sandgate Industrial Estate.

The building has an area of approximately 489 m² which includes office and amenities of approximately 40 m². The design of the building allows it be easily divided to create two distinctive tenancy areas, each with separate shopfront and roller door entry. This allows flexibility for future leasing to either one or two tenants.

Bidding expected from around $300,000.

Sandgate, 2304 demographic data

The median household income for Sandgate is $687, 52% lower than Regional New South Wales's household income of $1,434. Sandgate has an older age profile compared to the rest of Regional New South Wales (median age 69 vs 43). Property ownership data shows 38% of property owners in Sandgate have a mortgage.

276
Population
$687 per week
Median household income
69 years
Median age
Owners
Most residents
Singles
Most households
02 4926 48...
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Unit 3, 30 Rural Drive
Sandgate, NSW 2304
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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