9 Oakdale Road, Gateshead NSW 2290

For Sale by Expressions of Interest Closing Thursday on 16 May 2024 at 4pm.

Introducing a lucrative industrial asset located at 9 Oakdale Road, presenting a investment opportunity. This property boasts four tenancies, three of which are lease, generating a gross income of $273,690* per annum. Strategically positioned in a highly sought-after central location, it offers convenience and accessibility to various amenities and transportation networks.

With a site area spanning 7624.83sqm* and a total ground floor build area of 2,031sqm*, this property holds immense potential for redevelopment. Zoned E4 General Industrial, it provides a versatile platform for expansion or transformation to maximize returns.

The existing rental income provides a solid foundation with considerable upside in both rent and the potential for redevelopment. Whether for expansion, modernization, or reconfiguration, this property offers numerous possibilities to enhance its value and yield higher returns on investment.

- Site area 7,624.83sqm*
- Current gross income of $273,690 per annum plus GST
- Wale 2.33 years
- Building area 2,796sqm*
- Zoned E4 General Industrial

*Approximately
Outlines are indicative only