56 Forbes Street, Carrington NSW

For Sale




• 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.