4/3 Donaldson StreetWyong NSW 2259
Property Details for 4/3 Donaldson St, Wyong
Last Listing description (September 2024)
Hard to find free standing strata industrial building currently divided into 3 bays with the ability to divide into 4 bays.
This exceptional opportunity is positioned in what is one of the Central Coast's most highly sought-after business precincts that will suit both an investor or an owner occupier. This high clearance building has an approx. floor area of 906m2 with 4 container size rollers, ability for toilets for each of the 4 bays, and ample off-street parking within a gated complex.
Currently tenanted with a local smash repairs business on a month-to-month lease paying a below market value rent of $1600 per week. The building is constructed of dado style walls, with concrete/metal combination on the back walls, brick/metal combination on the front and side walls then Hebel blocks dividing walls between each bay.
Potential floor areas for each bay (approx.):
Front bay (Bay 1) - 360m2
Front middle bay (Bay 2) - 180m2
Rear middle bay (Bay 3) - 180m2
Rear back bay (Bay 4) - 186m2
This is a rare offering with so much potential for upside. Feel free to contact Mark Davies on 0422 442 858 to arrange an inspection or further information.
Zoned E3 Productivity Support Zone
Combined floor area of 906m2 floor area
Ample off-street parking.
Property History for 4/3 Donaldson St, Wyong, NSW 2259
- 21 Feb 2024Listed for Sale $2,200,000 + GST if applicable.
- 28 Jun 1993Sold for $115,000
- 28 Apr 1993Sold for $115,000
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0About Wyong 2259
The size of Wyong is approximately 11.3 square kilometres. It has 20 parks covering nearly 22.4% of total area. The population of Wyong in 2011 was 3,631 people. By 2016 the population was 4,329 showing a population growth of 19.2% in the area during that time. The predominant age group in Wyong is 60-69 years. Households in Wyong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wyong work in a clerical occupation. In 2011, 55% of the homes in Wyong were owner-occupied compared with 54.3% in 2016.
Wyong has 2,985 properties. Over the last 5 years, Houses in Wyong have seen a 53.89% increase in median value, while Units have seen a 46.03% increase. As at 30 September 2024:
- The median value for Houses in Wyong is $776,996 while the median value for Units is $491,056.
- Houses have a median rent of $540 while Units have a median rent of $455.
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