Muswellbrook - 10 Carramere Road

Auction Location: Ground Floor, 18 Honeysuckle Drive, Newcastle.

The property is situated within the established industrial precinct in Muswellbrook within close proximity to the Muswellbrook township and local mines.

10 Carramere Road, Muswellbrook comprises two warehouse and associated offices. 10A comprises a 1,092 square metre (approx.) pre-cast concrete tilt slab construction warehouse with associated offices. Building 10B comprises a 916 square metre (approx.) pre-cast concrete tilt slab construction warehouse and covered washbay with associated offices.

Located within the well-established Muswellbrook Industrial Precinct Total building area 1,958 square metres (approx.) Total site area 4,133 square metres (approx.) Ample off-street car parking to the site Concreted yard with truck access Growth opportunity and income stream for owner occupiers Value add potential for investors Zoned IN1 General Industrial under Muswellbrook Local Environmental Plan 2009 Over 50% of the property is newly leased to Valley Bolts on a 3 + 3 Year lease Net Income $80,000 p.a. plus GST. Fully leased net income $143,000 approx. (Based on current lease ratio) Wash bay facilities
For Sale by Public Auction Thursday 21 September at 10:30am | Ground Floor, 18 Honeysuckle Drive, Newcastle