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Sold on 3 Oct 2019

16 Ironbark Close Warabrook NSW 2304

  • Industrial / Warehouse
  • 592 m²
  • Sold

Entry level full leased investment

Under instructions from Peter Hillig and Michael Smith of Smith Hancock acting as the Trustees of the property, Colliers International is pleased to present to the market 16 Ironbark Close, Warabrook For Sale via Public Auction on 3 October 2019 at 10.30am.

The improvements comprise a warehouse facility with associated administration offices, amenities, car parking and loading areas.
The warehouse is of steel portal frame construction with part precast concrete panel dado walls with metal cladding above and has a height clearance of 7.6m* at the eaves. The property features dual roller door access with split level loading dock and on grade access to the western elevation.
The office internally has commercial grade finishes throughout with partitioned offices, ducted air-conditioning and carpet floor coverings. The male and female amenities and lunchroom are located at the rear of the office with additional offices situated on a mezzanine level. Ground improvements include a large concrete paved car park and loading and landscaped areas.

Site area 1,916sqm*
Ground level office and amenities - 116sqm*
First floor, mezzanine level - 36sqm*
Warehouse - 440sqm*
Total building area - 592sqm*

Further features include
- Current net income $57,470.40* pa
- Semi trailer access and hardstand area
- Fully ducted air-conditioning
- Security fencing
- Dual roller door access
- Fibre optic available to building
- Leased to national tenant

For further information on these properties, please contact one of our Colliers International agents Trent Robertson or Mark Yazbeck.

*Approx.

(NPP)
(NA2019)

AUCTION

Auction date and time03/10/2019 10:30
Auction locationGround Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

Property Highlights

Property ID2015515074
Date Sold3 Oct 2019
Floor Area592 m²
Land Area1,916 m²
ParkingOn site parking available
Category
Last updated  4 Oct 2019
Map for 16 Ironbark Close Warabrook NSW 2304
Colliers International - Newcastle
Gf, 18 Honeysuckle Drive Newcastle NSW 2300

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