FOR SALE
$2,200,000 + GST if applicable.

4/3 Donaldson Street
Wyong NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 906m2
Land area: 1877m2
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What an Outstanding Investment Opportunity

Hard to find free standing strata industrial property 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 and or an owner occupier needing approx. 460m2 with the benefits of income of the other 3 bays. This high clearance building has an approx. floor area of 907m2 with 4 container size rollers, ability for toilets for each of the 4 bays, and ample off-street parking within a gated complex.
Bays 2 has been recently leased with an net annual income of $25,200 P.A Bays 3 and 4 are currently tenanted with a local car restoration business on a 3 year lease paying a $44,040 Net P.A + GST . with a potential combined income of $121,440 Per annum Net. 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 Currently Vacant (Advertised rent of $52,200 Net P.A)
Front middle bay (Bay 2) - 180m2 Leased 3 years with 3 year option
Rear middle bay (Bay 3-4) - 367m2 Leased 3 Years with 3 year Option
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 ground floor area of 907m2
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Property Details for 4/3 Donaldson St, Wyong

Building Type
Commercial
Floor Size
906m2
Land Size
1877m2

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About 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 2,986 properties. Over the last 5 years, Houses in Wyong have seen a 54.11% increase in median value, while Units have seen a 54.27% increase. As at 30 November 2024:

  • The median value for Houses in Wyong is $787,622 while the median value for Units is $520,148.
  • Houses have a median rent of $550 while Units have a median rent of $455.
There are currently 26 properties listed for sale, and 26 properties listed for rent in Wyong on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Wyong.

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Mark Davies
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RWC Central Coast
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