54 Clyde Street, HAMILTON NORTH NSW 2292
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- Industrial / Warehouse
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- 7 Jun 2016
Substantial Multi-Tenanted Investment with Lots of Value-Adding Potential
The subject property is situated on the northern side of Clyde Street within the suburban industrial precinct of Hamilton North, approximately five kilometres west of the Newcastle CBD.
The property comprises a rare industrial investment opportunity underpinned by significant redevelopment potential. The property known as the “Hamilton North Business Centre”, is positioned within an established inner city suburban location and provides a combination of office, retail, warehouse and self-storage accommodation. Approximately 49% of the property is currently leased on various terms ranging from monthly tenancies to five years, providing a balanced tenancy mix and a stable investment return.
The vacant areas of the property provide significant potential to substantially increase the current rental return or alternatively re-development for a variety of uses permitted under the planning scheme.
- Opportunity to purchase a substantial multi-tenanted complex located only five minutes from the rapidly developing CBD
- Comprising over 40 tenancies with a mix of warehouse, office and retail units
- Building area: 20,736sqm approx.
- Site area: 2.8ha approx.
- Lots of value-adding and development potential (STCA)
- 205 on-site parking spaces
- Zoned IN2 Light Industrial
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
54 Clyde Street HAMILTON NORTH