24 Camfield Drive
Heatherbrae


$3,100000

Property Features


Property ID: 3377825

Land Size
8876.00 m2

RETURNING $223,701 NETT PER ANNUM


Excellent investment property leased to Newcastle Caravans returning $223,701 per annum nett with as new building and additional development potential for the remainder of the site, featuring:

* Lease term 5 x 5
* Total building envelope 838.5m2
* Building area includes offices, showroom, spare parts, workshop
* Additional 180.6 m2 of mezzanine with board room and storage
* Land size 8876m2
* Potential for further development of site to increase income
* As new building with depreciation schedule available upon sale
* $223,701 nett rental per annum
* Lessee pays 100% of outgoings
* New commercial subdivision location

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