3.647 Ha Corner Site, Rail Access & Income

SOLD

29 Elizabeth Street

Carrington NSW 2294

Industrial

FOR SALE

5720m2

-3.647 Hectares, existing rail access into site
-3 x street frontages, 2 torrens titles
-Passing Income circa $300,000 p.a net
-DA approved expansion for Rail Maintenance Facility

The Property is zoned SP1 Special Uses and consists of a 3.647 Hectare site, having 2 torrens titles, located on the corner of Elizabeth, Darling and Parker Streets in the Portside suburb of Carrington.

Existing improvements consist of circa 2,400 sqm high clearance workshop with overhead cranes, attached modern office of circa 559 sqm, on-site parking and hardstand, addition freestanding sheds of circa 3,320 sqm. The site presents enjoys an active rail spur which provides rail access and connectively to the wider rail network.

Current passing rental is circa $300,000 p.a net. In addition to existing improvements is DA approval for a Rail Maintenance Facility consisting of 3 workshops plus office facilities with a combined gross floor area of circa 5,689 sqm.

This outstanding property provides a unique opportunity to acquire a prime corner site with immediate proximity to the Port of Newcastle catering for rail related uses with room to expand.