2 Magpie Street,
McDougalls Hill, NSW 2330
Warehouse, Factory & Industrial • Showrooms & Large Format Retail
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Commercial Collective - NEWCASTLE
10 Newcomen StreetNEWCASTLE, NSW 2300
2 Magpie Street
McDougalls Hill, NSW 2330
Map of 2 Magpie Street
Train stations within 5 km of 2 Magpie Street, McDougalls Hill, NSW 2330 Distance Singleton Station 3.3 km POWERED BY HERE ©Bus stops within 5 km of 2 Magpie Street, McDougalls Hill, NSW 2330 Distance Blaxland Av Opp Northcott Av 1.3 km Blaxland Av Opp Alroy Park 1.3 km Gowrie Park, White Av 1.5 km Wakehurst Cres at Lachlan Av 1.5 km Wentworth Av After Lawson Av 1.6 km POWERED BY HERE ©
POWERED BY HERE ©
Prime tenanted investment opportunity
- Net income $171,388* p/a + GST
- DA Approval for 27 further units
- Site area 5,882sqm*
For sale by Expressions of Interest closing 4th July 2024 at 4pm AEST
Situated on a substantial site area of 5,882 square meters, 2 Magpie Street is a prime investment property currently occupied by Singleton Self Storage and GB Auto Group. The property is fully let, ensuring a solid income stream.
Singleton Self Storage offers 43 units, with development approval secured for 27 additional units, which can be added without affecting any of the existing dwellings. This presents a significant opportunity for further income generation and growth.
Key features include:
- 43 existing units with DA approval for 27 further units
- Generating $171,388* net per annum + GST
- Site Area of 5,882sqm
- 1 of 3 storage facilities in Singleton and surrounding with a waiting list to lease a storage unit
*Approximately
Situated on a substantial site area of 5,882 square meters, 2 Magpie Street is a prime investment property currently occupied by Singleton Self Storage and GB Auto Group. The property is fully let, ensuring a solid income stream.
Singleton Self Storage offers 43 units, with development approval secured for 27 additional units, which can be added without affecting any of the existing dwellings. This presents a significant opportunity for further income generation and growth.
Key features include:
- 43 existing units with DA approval for 27 further units
- Generating $171,388* net per annum + GST
- Site Area of 5,882sqm
- 1 of 3 storage facilities in Singleton and surrounding with a waiting list to lease a storage unit
*Approximately
Property ID: 504610768Last Updated: 26 Jun 2024
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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