56 Forbes Street,
Carrington, NSW 2294
Warehouse, Factory & Industrial
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Map of 56 Forbes Street
High Yielding Investment
• Mortgagee in Possession Sale
• 5 detached buildings with GBA of approximately 8,000sqm
• Large Industrial site of approximately 16,800sqm
• Passing Income of $540,000 p.a. net + GST (approx)
• Current rental provided by 9 separate tenancies
• The Property is currently at 95% occupancy (approx)
Property is strategically located on the doorstep of Newcastle Harbour. The Property will provide a
good return with potential to increase the rental to around $580,000p.a. fully leased. Also provides
the opportunity for an incoming purchaser to upgrade buildings for an increased rental return.
The buildings include a main warehouse/workshop of approximately 3,500sqm, smaller warehouses
areas between 200sqm and 1,400sqm and a two storey office building.
• 5 detached buildings with GBA of approximately 8,000sqm
• Large Industrial site of approximately 16,800sqm
• Passing Income of $540,000 p.a. net + GST (approx)
• Current rental provided by 9 separate tenancies
• The Property is currently at 95% occupancy (approx)
Property is strategically located on the doorstep of Newcastle Harbour. The Property will provide a
good return with potential to increase the rental to around $580,000p.a. fully leased. Also provides
the opportunity for an incoming purchaser to upgrade buildings for an increased rental return.
The buildings include a main warehouse/workshop of approximately 3,500sqm, smaller warehouses
areas between 200sqm and 1,400sqm and a two storey office building.
Property ID: 5941846Last Updated: 5 Dec 2013
04237619...
56 Forbes Street
Carrington, NSW 2294
Knight Frank - NewcastleSuite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
NEWCASTLE WEST, NSW 2302
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