OFF MARKET

10 Darrambal Close
Rathmines NSW 2283

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3313m2
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Property Details for 10 Darrambal Cl, Rathmines

Building Type
Commercial
Land Size
3313m2
Local Government
Lake Macquarie
Lot/Plan
336/DP42625

Last Listing description (October 2023)

West Lake Macquarie and Newcastle Location
Your opportunity to acquire a long and well established Freehold self-storage business located in the Lake Macquarie/Newcastle region. This business has been operating for over 25 years in the same location with strong repeat clientele and a very consistent monthly income. Current storage income is consistently $30,000 (approximately) per month. It has an excellent reputation for safe and secure storage for home goods, business files and trade equipment.

Key features include:

Large level lot in a secure cul de sac location of approx. 3,315 sq/m
2 freestanding multi unit warehouses of approx. 500 sq/m & 580 sq/m
Huge hardstand of approx. 1,400 sq/m with onsite parking
2 level office & reception area
Located within the Rathmines Industrial Estate with easy access to the M1 Motorway
Business established in the mid 1990's
P&L's and Full stock & equipment inventory available on request

Your future new business or expansion lies with your next step in making that call to discuss this outstanding opportunity!

Property History for 10 Darrambal Cl, Rathmines, NSW 2283

A timeline of how this property has performed in the market
Last Sold
$2,175,000
23 Aug 2023
  • 23 Aug 2023
    Sold for $2,175,000
  • 25 May 2023
    Listed for Sale Guide $3,000,000 - $3,200,000
  • 29 Jan 2019
    Sold for $1,849,000
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About Rathmines 2283

The size of Rathmines is approximately 4.1 square kilometres. It has 11 parks covering nearly 30% of total area. The population of Rathmines in 2011 was 1,940 people. By 2016 the population was 1,895 showing a population decline of 2.3% in the area during that time. The predominant age group in Rathmines is 60-69 years. Households in Rathmines are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rathmines work in a trades occupation. In 2011, 81.9% of the homes in Rathmines were owner-occupied compared with 82.9% in 2016.

Rathmines has 1,059 properties. Over the last 5 years, Houses in Rathmines have seen a 70.09% increase in median value, while Units have seen a 46.39% increase. As at 31 July 2024:

  • The median value for Houses in Rathmines is $826,692 while the median value for Units is $551,613.
  • Houses have a median rent of $650.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Rathmines on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Rathmines.

Suburb Insights for Rathmines 2283

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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.