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Commercial Collective - NEWCASTLE

6 Industrial Close Wingham, NSW 2429

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6 Industrial Close,
Wingham, NSW 2429

Warehouse, Factory & Industrial

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Commercial Collective - NEWCASTLE
Craig Watson
George Stylianos

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
6 Industrial Close
Wingham, NSW 2429

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Income producing investment with value adding potential - $366,000 gross pa

  • Current income $93,320 gross pa
  • Potential income $366,000 gross pa
  • Currently 100% occupancy
6 Industrial Close, Wingham provides a savvy investor or developer the opportunity to purchase a substantial industrial lot with a current income of $93,320* gross per annum generated from 30 storage units and a caretaker residence.

With a total site area of 8,111sqm*, 2,025sqm* has been recently developed into the storage units and caretaker residence, providing the opportunity for the remaining 6,086sqm* to be developed into another 148 storage units (STCA) with potential to generate approximately $366,000 gross per annum once fully let. The property is situated on Industrial Close and is 2.5km* north of the Wingham town centre. 

- Current income of $93,320* gross per annum (30 units & caretaker residence)
- Zoned E4 General Industrial
- Suitable for owner-occupiers or savvy investors
- Further development potential (STCA)

*Approximately

Property ID: 504137807Last Updated: 28 Oct 2023

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