SOLD
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Sold on 21 Aug 2024 - Price Unavailable

8/18 Prosperity Close
Morisset NSW 2264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 62m2
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Property Details for 8/18 Prosperity Cl, Morisset

Building Type
Commercial
Land Size
62m2
Local Government
Lake Macquarie
Lot/Plan
8/SP105521

Last Listing description (August 2024)

Discover an exceptional opportunity in the heart of Morisset industrial estate with this affordable industrial unit on Prosperity Close now available for sale. With 62m2 of high clearance warehouse area, the property is perfect for a range of businesses including small warehouse/distribution requiring racking height, trades & businesses seeking a secure investment in their own premises.

Morisset, known for its dynamic community and robust growth, offers an ideal location with proximity to the M1 Pacific Motorway, this property ensures easy access for both your clients and tenants alike.

The suburb's thriving industrial precinct is complemented by nearby development growth with a new Bunnings Warehouse & associated uses complex now under construction making it a convenient choice for most businesses or tenants.

Features include:
Premium location with quality neighbours
High clearance warehouse perfect for pallet racking
Professional & modern facade
Kitchenette with common amenities in the complex
Convenient location with plenty of parking
LED lighting & NBN active

For more information or to arrange an inspection, please call Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today!

Property History for 8/18 Prosperity Cl, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
21 Aug 2024
  • 21 Aug 2024
    Sold
  • 05 Jun 2024
    Listed for Sale Under Contract
  • 23 Dec 2022
    Sold for $310,000

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About Morisset 2264

The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.

Morisset has 2,935 properties. Over the last 5 years, Houses in Morisset have seen a 85.98% increase in median value, while Units have seen a 29.50% increase. As at 31 August 2024:

  • The median value for Houses in Morisset is $875,135 while the median value for Units is $571,148.
  • Houses have a median rent of $555 while Units have a median rent of $500.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Morisset on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Morisset.

Suburb Insights for Morisset 2264

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Contact agent
Ben Purdue
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Tom Bore
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LJ Hooker Commercial Terrigal
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.