24 Strathmore Road, Caves Beach NSW 2281

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Building Area is 1,041 m²

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Auction Date: July 31, 2024

100% Occupied Industrial Investment in Caves Beach - 5 units in one line

Auction Location: 10 Newcomen Street, Newcastle NSW 2300

For Sale by Auction on Wednesday 31 July 2024 at 11am via online portal AuctionsLive

Rarely found in Caves Beach's industrial precinct, this impeccably maintained property features 5 high-quality units on one title, generating approximately $116,939.30* plus GST in annual income (fully leased) with a 1.5-year WALE and options.

Constructed with tilt-up panels, each unit offers roller door access, office space, mezzanine levels, and dual bathroom amenities—all secured within a fully fenced perimeter. Strategically located at 24 Strathmore Road on a corner block, it provides convenient access to essential amenities and major transport routes, making it an ideal investment for astute investors and business owners alike.

Key Features:
- Site area 2,222sqm*
- Building area 1,041sqm*
- 5 units each comprising, high clearance warehouse, office, mezzanine, and dual bathrooms, including shower
- Impeccably maintained with minimal upkeep
- Fully fenced perimeter
- Fully leased with 1.5 year WALE and options

*Approximately

Returning $116,939.30* per annum + GST
Tenants pay 100% of outgoings
Zoned E4 General Industrial

Jacob Siever

Benjamin Morello

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