14 Ironbark CloseWarabrook NSW 2304
Property Details for 14 Ironbark Cl, Warabrook
Last Listing description (April 2019)
National brand tenant on new 5 year lease
Freehold building of 954m2 (Approx) on 2,277m2 (Approx) site
Rental income $90,630 Per Annum Net + GST
Annual rent increases of 3% with market review on exercise of option
Very tightly held location only kms west of Newcastle CBD
Great building with very easy access through three (3) roller shutters, multiple amenities and ample parking on site.
Very rare opportunity with great return within a medium price range for such investments.
CALL TY 0421 645 961 OR SAL 0412 846 273 TO REQUEST FURTHER DETAILS
Property History for 14 Ironbark Cl, Warabrook, NSW 2304
- 13 Mar 2019Sold for $1,300,000
- 08 Feb 2019Listed for Sale Not Disclosed
- 02 Sep 1996Sold for $137,000
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About Warabrook 2304
The size of Warabrook is approximately 1.5 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Warabrook in 2011 was 2,091 people. By 2016 the population was 1,973 showing a population decline of 5.6% in the area during that time. The predominant age group in Warabrook is 20-29 years. Households in Warabrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warabrook work in a professional occupation. In 2011, 67% of the homes in Warabrook were owner-occupied compared with 61.9% in 2016.
Warabrook has 1,020 properties. Over the last 5 years, Houses in Warabrook have seen a 79.89% increase in median value, while Units have seen a 43.47% increase. As at 31 October 2024:
- The median value for Houses in Warabrook is $949,505 while the median value for Units is $586,278.
- Houses have a median rent of $600 while Units have a median rent of $500.
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