9 Rural DriveSandgate NSW 2304
Property Details for 9 Rural Dr, Sandgate
Last Listing description (July 2018)
This outstanding property is located at the entry at one of the leading industrial estates in the Newcastle Region and has been recently leased to Blackwoods. Blackwoods is Australia's leading provider of industrial supplies and is the largest operating unit of Wesfarmers Industrial and Safety. The property features a trade showroom, modern offices, covered rear loading area and separate drive entries for customers and deliveries and has recently undergone a complete upgrade to meet current BCA standards. This represents a rare opportunity for investors to secure an asset in a prime industrial precinct, leased to a national industrial supplies company backed by Wesfarmers.
- Leased to Blackwoods - A Wesfarmers Company
- New five year lease
- Building area 3,042sqm (approx.)
- Site area 6,151sqm (approx.)
- Close to CBD and Newcastle Port
- New LED lighting
- 37 on-site car spaces.
For Sale - Please Contact Agent.
Property History for 9 Rural Dr, Sandgate, NSW 2304
- 28 May 2018Sold for $4,100,000
- 22 Feb 2018Listed for Sale Not Disclosed
- 18 Jul 2016Listed for Rent - Price not available
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0About Sandgate 2304
The size of Sandgate is approximately 3 square kilometres. It has 5 parks covering nearly 46.5% of total area. The population of Sandgate in 2011 was 310 people. By 2016 the population was 284 showing a population decline of 8.4% in the area during that time. The predominant age group in Sandgate is 80-89 years. Households in Sandgate are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandgate work in a machinery operators and drivers occupation. In 2011, 52% of the homes in Sandgate were owner-occupied compared with 44.5% in 2016.
Sandgate has 310 properties. Over the last 5 years, Houses in Sandgate have seen a 64.13% increase in median value. As at 30 September 2024:
- The median value for Houses in Sandgate is $682,887 while the median value for Units is $531,086.
- Houses have a median rent of $300.
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