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8-10/198 Macquarie
Warners Bay NSW 2282
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Sold on 8 Feb 2019

8-10/198 Macquarie Warners Bay NSW 2282

  • Factory, Warehouse & Industrial
  • 225 m²
  • Sold, $525,000

APPROX 7-8% YIELD

  • 3x 75m2 sheds
  • HUGE Potential 7 - 8 % yield

EXTREMELY RARE OPPORTUNITY to purchase 3x Industrial storage sheds with 2 currently leased and returning approx 500pw combined and the potential to achieve a further $280pw for the 3rd or occupy yourself.

KEY POINTS:

1. HUGE Potential 7 - 8 % yield!
2. Currently 3x 75m2 sheds with potential to mezzanine and double floor space
3. Ability to split each of the units into 2 smaller units making it 6
4. Option to keep current return and occupy 3rd shed yourself
5. Part of 11 Lot strata which is self managed and has only 2 other owners and minimal costs
6. Fantastic location close to inner city by pass and central to Lake Macquarie and Newcastle
7. Potential long term and built to spec to be converted into residential townhouse with lake views (Subject to Council approval and RE- zone)
8. Ideal to store boat or van or set up as hobby area/ storage shed
9. Colourbond and concrete construction requiring minimal maintenance
10. Less than 15 mins drive to Freeway and Hunter expressway

An opportunity of a lifetime this unique holding won’t last long! Call to register your interest TODAY

Property Highlights

Date Sold8 Feb 2019
Sold Price$525,000
Floor Area225 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2014428473
Category
Last updated  15 May 2019
Map for 8-10/198 Macquarie Warners Bay NSW 2282

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Property Highlights

Date Sold8 Feb 2019
Sold Price$525,000
Floor Area225 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2014428473
Category
Last updated  15 May 2019
91 Main Road Boolaroo NSW 2284
Love Realty Speers Point
Love Realty Speers Point

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