SOLD
RECENT ADVICE
Sold on 31 Jul 2024 for $858,000

1/8 Carbine Close
Maryland NSW 2287

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Property Details for 1/8 Carbine Cl, Maryland

Building Type
Commercial
Local Government
Newcastle
Lot/Plan
1/SP62343

Last Listing description (July 2024)

This is indeed a rare opportunity, only minutes from the heart of Wallsend CBD and with excellent access points in all directions, including the M1 Motorway. Part of a small strata, and constructed from cement block with metal deck roofing, this is an incredible investment for your business growth or simply a sensational addition to your Super Fund Portfolio.

* 255m2 of nett lettable area including 18.5m2 of separated office space

* Front of Strata Exposure, glass display windows provide ideal showroom opportunity
* 3 dedicated car spaces on title and good street parking
* Security Roller door to front display for added security
* Brand new Commercial Roller door 3.6m X 3.6m with remote opening for easy unload access
* Quite cul-de-sac location, smaller industrial area means easy access and easy to locate

Small Industrial warehouses such as this are so difficult to find in suburban locations. Great access for employees and offering excellent growth opportunity in a location where such new industrial development opportunity is all but gone.

Call today for an Information Memorandum or price guide.

Wayne Stewart 0425257001 e. wayne@c21newcastle.com.au

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.


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Property History for 1/8 Carbine Cl, Maryland, NSW 2287

A timeline of how this property has performed in the market
Last Sold
$858,000
31 Jul 2024
  • 31 Jul 2024
    Sold for $858,000
  • 04 Jul 2024
    Listed for Sale RECENT SALES
  • 22 Mar 2024
    Listed for Sale Expression of Interest

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About Maryland 2287

The size of Maryland is approximately 4.5 square kilometres. It has 19 parks covering nearly 14.5% of total area. The population of Maryland in 2011 was 7,786 people. By 2016 the population was 7,677 showing a population decline of 1.4% in the area during that time. The predominant age group in Maryland is 10-19 years. Households in Maryland are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maryland work in a trades occupation. In 2011, 78.4% of the homes in Maryland were owner-occupied compared with 76.6% in 2016.

Maryland has 3,073 properties. Over the last 5 years, Houses in Maryland have seen a 70.50% increase in median value, while Units have seen a 46.47% increase. As at 31 October 2024:

  • The median value for Houses in Maryland is $801,733 while the median value for Units is $634,441.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Maryland on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Maryland.

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Wayne Stewart
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CENTURY 21 Novocastrian (Newcastle)
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