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Colliers - Newcastle

Units 2 & 3, 31 Camfield Drive Heatherbrae, NSW 2324

Units 2 & 3, 31 Camfield Drive,
Heatherbrae, NSW 2324

Warehouse, Factory & Industrial

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Quality industrial investment with dual income stream

  • Current net income $90,000 plus GST
  • Strata area 986sqm
  • Ample on site parking
The property provides a dual income stream investment, currently comprising two units in a boutique three unit complex.
The units are both subject to two new leases with a combined net annual income of $90,000* per annum plus GST. Unit 2 is leased on a 2 + 2 year lease commencing 17 May 2021, and Unit 3 is leased on a new 5 + 5 year lease, commenced on 24 May 2021.

The holding provides a unique opportunity to purchase the units individually or ‘in-one-line’.

- Internal accommodation is of a good standard including air-conditioning in the office areas
- On-site parking provides a total of 10 car spaces
- Each unit has access via a 4.2w x 4.8h automatic metal roller door

The property is being offered For Sale by Public Auction on Thursday 17 June 2021 at 10:30am if not sold prior.
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300.

*Approximate

Property ID: 503827682Last Updated: 12 Aug 2021

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
Units 2 & 3, 31 Camfield Drive
Heatherbrae, NSW 2324
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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