FOR SALE
$540,000

8/5 Knott Place
Caerleon NSW 2850

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 247m2
Land area: 178m2
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Prime investment opportunity

Presenting exceptional quality units with innovative spaces, this is the ideal location for business owners, tradespeople, start-ups, hobbyists, and entrepreneurs. A versatile asset that serves as a canvas for your ideas, a hub for your ambitions, a man cave for your passions, and a launch pad for your small business ventures. This is a rare opportunity, available for just $540,000, with a potential rental income of $600 per week, resulting in an impressive yield of 5.78%.
- Modern 178sqm concrete factory unit
- Rental potential of $575 per week plus GST
- Ample parking with 21 designated spaces for staff and visitors
- Three-phase power and high-bay LED lighting
- 4700 x 4000 roller door with electric opener
- Impressive internal clearance of 5 to 6 metres
- Opportunity to add a mezzanine level
- Disabled-accessible bathroom with hot water
- Dimensions of 14.55m wide by 9.74m deep, featuring a skylight for natural light
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Property Details for 8/5 Knott Pl, Caerleon

Building Type
Commercial
Floor Size
247m2
Land Size
178m2

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About Caerleon 2850

The size of Caerleon is approximately 5.5 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Caerleon in 2011 was 9,829 people. By 2016 the population was 10,912 showing a population growth of 11.0% in the area during that time. The predominant age group in Caerleon is 0-9 years. Households in Caerleon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caerleon work in a trades occupation. In 2011, 60.8% of the homes in Caerleon were owner-occupied compared with 59.7% in 2016.

Caerleon has 482 properties. Over the last 5 years, Houses in Caerleon have seen a 57.92% increase in median value. As at 30 September 2024:

  • The median value for Houses in Caerleon is $786,289 while the median value for Units is $541,005.
  • Houses have a median rent of $700.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Caerleon on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Caerleon.

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MCGRATH CENTRAL TABLELANDS
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