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9 Riverside Drive
Mayfield West NSW 2304
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Sold on 17 Apr 2024

9 Riverside Drive Mayfield West NSW 2304

  • Factory, Warehouse & Industrial
  • 1,653 m²
  • Sold

Investment with rental upside

  • Leased to Corinthian Doors
  • Potential for rental upside
  • Current net income $192,252.60 pa + GST

For Sale by Auction Wednesday 17 April 2024

Presenting an exclusive investment opportunity in the heart of Mayfield West, 9 Riverside Drive. An opportunity to secure an excellent freestanding industrial warehouse and office facility with abuilding area of 1,653sqm* situated on a corner block with a site area of 4,357sqm*.

Leased to a blue-chip tenant Corinthian Doors on a 2 years lease + 2 years option returning a generous $192,252.60* net per annum + GST which recently commenced on the 1st of November 2023. Corinthian Doors are a reputable entity ensuring stability. With the strategic location, premium facility for future occupiers and attractive lease on offer with further rental upside potential, this opportunity is not one to miss.

- Lease to Blue-chip international tenant - Corinthian doors
- Building area 1,653sqm*
- Site area 4,357sqm*
- Two year lease plus two year option
- Passing net income of $192,252.60 per annum plus GST
- Opportunity for future owner occupiers
- Maximum exposure on a corner block
- 12 car parking spaces plus loading zones and hardstand
- Zoned E4 General Industrial
- Drive around access
- Three 5m* wide x 5m* high roller doors
- One 5m* wide x 4m* high roller door

*Approximately

AUCTION

Auction date and time17/04/2024 11:00
Auction locationIn Room
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold17 Apr 2024
Floor Area1,653 m²
Land Area4,357 m²
Parking12 x Onsite parkings
Building TypeWhole building
Property ID2019116370
Category
Last updated  17 Apr 2024
Map for 9 Riverside Drive Mayfield West NSW 2304

Nearest transport* to 9 Riverside Drive Mayfield West NSW 2304

Bus
Train
Tram
Ferry
Stevenson Park, Industrial Dr536 m
Terry St at Maitland Rd563 m
Maitland Rd opp 609605 m
Maitland Rd after Terry St651 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold17 Apr 2024
Floor Area1,653 m²
Land Area4,357 m²
Parking12 x Onsite parkings
Building TypeWhole building
Property ID2019116370
Category
Last updated  17 Apr 2024

Co-Agents

Byrne Tran
Commercial Collective
Call
0422 302 691

More about 9 Riverside Drive Mayfield West NSW 2304

9 Riverside Drive Mayfield West NSW 2304 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,653 m² and a land area of 4,357 m². There are 12 x onsite parkings.The listing ID for this property is 2019116370.

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