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Colliers - Newcastle

78 Racecourse Road Rutherford, NSW 2320

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78 Racecourse Road,
Rutherford, NSW 2320

Warehouse, Factory & Industrial

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INVESTMENT WITH DEVELOPMENT UPSIDE

  • Five year lease commenced 1 May 2019
  • Total net income $85,111 pa (plus GST)
  • Total site area 4,009sqm
The property presents an excellent opportunity to acquire an affordable investment property leased to Furneys Rural Supplies. 

The property comprises a warehouse facility with drive through entry, warehouse area and office and showroom areas. The current building footprint reflects 25% coverage of the site, indicating substantial yard areas and the potential for future expansion or development of the site.

Key Features:

- Site area 4,009sqm
- Net income $85,111 pa (plus GST)
- Five year lease commenced 1 May 2019
- Building area 1,022sqm
- Long standing tenant
- Zoned B5 Business Development
- Drive-through warehouse

For more information please contact Trent Robertson of Colliers International

*Approximate

Property ID: 503579278Last Updated: 2 Dec 2022

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Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
0401 717 7...
Colliers - Newcastle
78 Racecourse Road
Rutherford, NSW 2320
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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