Warners Bay, NSW, 2282

Open to ALL offers!

With interest rates at a record low, this is the best time in the last hundred years to buy real estate.

CAN YOU BELIEVE YOU COULD OWN THIS FROM AS LITTLE AS $578.00 PER WEEK!*

A rare opportunity to purchase 3 x industrial storage sheds with rent potential of $280 each or a combined return of $840 per week.

KEY POINTS:

1. HUGE potential 6 - 7 % yield

2. Currently 3 x 75m2 sheds with potential to add a mezzanine and double floor space

3. Ability to split each of the units into 2 smaller units making it 6

4. Option to keep current return and occupy 3rd shed yourself

5. Part of 11-lot strata which is currently self-managed and has only 2 other owners and minimal costs

6. Fantastic location close to inner-city bypass and central to Lake Macquarie and Newcastle

7. Potential long term and built to spec to be converted into residential townhouse with lake views (subject to council approval and rezoning)

8. Ideal to store boat or van or set up as hobby area/storage shed

9. Colorbond and concrete construction requiring minimal maintenance

10. Less than 15 minutes' drive to M1 Motorway and Hunter Expressway.

An opportunity of a lifetime, call 02 4958 8555 today to find out more.

*Calculations based on a 10% deposit. Commonwealth Bank current Fixed Interest Rate of 2.99% pa over 30 years.

COVID SAFE:

In compliance with current orders issued by the Department of Fair Trading and NSW Health we are required to record contact details of all parties that attend inspections and you will be asked to check in via QR code on entry. Only one person may enter the home at a time, you must adhere to the 1.5 metre social distancing rules and if you have recently visited a known “hotspot", experiencing any of the COVID symptoms, have returned from overseas or travelled interstate in the past 14 days we request that you rest at home, isolate and do not attend our inspections.

NB: All information collected is securely stored and only used for the purpose of COVID-19 contact tracing.

Please refer to health.nsw.gov.au and fairtrading.nsw.gov.au for further information.

Type

Commercial Sale

Price

$599,000

Property Type

Industrial

Suburb

Warners Bay