Functional Industrial facility in sought after Industrial Park close to Pacific Highway, Major Transport Routes, Railway Station, and University. Located approximately 6 kilometres north of Newcastle CBD and Port Facilities. Improvements comprise quality air conditioned offices, workshop and storage sheds with plenty of on site car parking.. Property has been occupied by two multinational corporations in succession over the past 15 years. First class offices with boardroom and extensive fit out. Access to clear span workshop obtained from three separate roller doors. For further particulars or to arrange an inspection contact Agent.
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:
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