6 Archibald PlaceHeatherbrae NSW 2324
Property Details for 6 Archibald Pl, Heatherbrae
Last Listing description (November 2021)
Cushman & Wakefield is pleased to present to the market 6 Archibald Place, Heatherbrae (Newcastle) for Sale via Auction.
The property has the following key characteristics:
- Secure 15 year triple net lease to 2031 + options to 2051
- Modern purpose built 104 place facility featuring expansive playscape & 15 onsite car parks
- Well located 2,501sqm site in Heatherbrae's key commercial & retail precinct near KFC, Guzman Y Gomez, Hungry Jack's & BP
- Conveniently positioned only 150m from Pacific Highway entrance providing access in all directions
- Strategic childcare location - 7 schools within 3 km
- Triple net lease tenant pays all outgoings incl. Mgmt Fees and Structural Repairs & Maintenance
- Lease secured by 6 month Bank Guarantee & Directors Personal Guarantee
- Heatherbrae - 16 km from Newcastle CBD established Central Coast suburb bound by Pacific Motorway M1
- Fixed 3.25% annual rent increases
- Net income $298,985 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction on Thursday 25 November at 11am AEDT. The Auction will be held at Doltone House Hyde Park, located on Level 3/181 Elizabeth Street, Sydney.
Prospective purchasers & interested parties will have access to remote bidding facilities in both Brisbane & Melbourne as well as via our Live Stream & Online Bidding Platform, strictly via prior arrangement.
Please contact the exclusively appointed Cushman & Wakefield property professionals for more information.
Property History for 6 Archibald Pl, Heatherbrae, NSW 2324
- 11 Feb 2022Sold for $5,500,000
- 22 Oct 2021Listed for Sale Contact Agents
- 23 Dec 2015Sold for $3,625,000
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0About Heatherbrae 2324
The size of Heatherbrae is approximately 12.6 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Heatherbrae in 2011 was 492 people. By 2016 the population was 503 showing a population growth of 2.2% in the area during that time. The predominant age group in Heatherbrae is 60-69 years. Households in Heatherbrae are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Heatherbrae work in a trades occupation. In 2011, 59.6% of the homes in Heatherbrae were owner-occupied compared with 36.4% in 2016.
Heatherbrae has 594 properties. Over the last 5 years, Houses in Heatherbrae have seen a 62.66% increase in median value, while Units have seen a 29.89% increase. As at 31 December 2024:
- The median value for Houses in Heatherbrae is $518,902 while the median value for Units is $380,359.
- Houses have a median rent of $330.
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