Skip to main content Skip to footer
  • For sale
Rare city fringe development opportunity - #1
Rare city fringe development opportunity - #2
Rare city fringe development opportunity - #3
Rare city fringe development opportunity - #4
Rare city fringe development opportunity - #5
Rare city fringe development opportunity - #6
Rare city fringe development opportunity - #7
Rare city fringe development opportunity - #8

For Sale

Auction 21st Jul 2022 Ground Floor, 18 Honeysuckle Drive, Newcastle
A rare city fringe opportunity with holding income, the property is split over five titles with two separate zonings, with the three titles fronting Fern Street being B4 Mixed Use while the remaining two titles fronting Wallace Street zoned R3 Medium Density Residential.
The site area totals 1,116 square metres*.

Improvements on site consist of a large two-storey workshop / warehouse building with a small office and reception area fronting Fern Street.
The warehouse is accessed by three roller doors off Wallace Street and the building also benefits from off street parking.

The building is currently occupied by long term tenants, Broadley Signs, who are currently on a holdover provision.
They are paying $86,201.96* per annum plus Outgoings (plus GST).

For Sale by Public Auction Thursday 21 July 2022 at 10:30am (AEST)
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

*Approximate

Features

Total Area - M
Building area - 1,341
Opportunity
Five separate titles
Net Income
Holding income of $86,201.96 net pa