111 Bourke Street & 90 Gipps Street, Carrington NSW 2294

City-fringe industrial holding with secure income and redevelopment potential

For Sale by Expressions of Interest, closing 7 May 2026 at 4PM (AEST)

This city-fringe industrial investment offers a compelling combination of secure income, land scale and redevelopment flexibility within one of Newcastle's most constrained industrial precincts. The property comprises a combined site area of approximately 1.68 hectares*, improved by 9,009sqm* of high-clearance warehouse, office and light industrial buildings across 11 tenancies, generating a net income of $903,865 per annum plus GST.

The property is 100% tenanted to a mix of sports trade distributor and wholesale, automotive services, marine services, storage, renewable energy, creative and office-based users, providing income resilience and broad market appeal.

Immediate proximity to the Port of Newcastle combined with short travel times to Newcastle CBD and arterial road networks, underpins ongoing tenant demand and reinforces the property's long-term investment and development credentials.

With approximately 53% site coverage, E4 General Industrial zoning and multiple access points, the asset provides clear medium to long-term value-add potential through refurbishment, repositioning or staged redevelopment to enhance rental rates and tenant quality.

Investment Highlights:
- Net income of $903,865 per annum plus GST across diversified tenancies
- Total building area of 9,009sqm* providing scale and holding income
- Combined site area of 1.68ha* offering long-term development optionality
- Approx. 53% site coverage enabling future expansion or intensification
- Zoned E4 General Industrial permitting a wide range of industrial uses
- High-clearance warehouse structures suited to logistics, trade and marine users
- Multiple points of access improving circulation and staging potential
- 156.3m* street frontage to Bourke Street enhancing exposure and access
- 4 Street frontages - Bourke St, Gipps St, Howden St & Coe St
- Immediate proximity to the Port of Newcastle supporting freight and marine demand
- City-fringe location within a tightly held industrial precinct

*Approximately