OFF MARKET

16 Ironbark Close
Warabrook NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 598m2
Land area: 1916m2
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Property Details for 16 Ironbark Cl, Warabrook

Building Type
Commercial
Floor Size
598m2
Land Size
1916m2
Local Government
Newcastle
Lot/Plan
16/DP861234

Last Listing description (January 2020)

Under instructions from Peter Hillig and Michael Smith of Smith Hancock acting as the Trustees of the property, Colliers International is pleased to present to the market 16 Ironbark Close, Warabrook For Sale via Public Auction on 3 October 2019 at 10.30am.

The improvements comprise a warehouse facility with associated administration offices, amenities, car parking and loading areas.

The warehouse is of steel portal frame construction with part precast concrete panel dado walls with metal cladding above and has a height clearance of 7.6m* at the eaves. The property features dual roller door access with split level loading dock and on grade access to the western elevation.
The office internally has commercial grade finishes throughout with partitioned offices, ducted air-conditioning and carpet floor coverings. The male and female amenities and lunchroom are located at the rear of the office with additional offices situated on a mezzanine level. Ground improvements include a large concrete paved car park and loading and landscaped areas.

Site area 1,916sqm*
Ground level office and amenities - 116sqm*
First floor, mezzanine level - 36sqm*
Warehouse - 440sqm*
Total building area - 592sqm*

Further features include
- Current net income $57,470.40* pa
- Semi trailer access and hardstand area
- Fully ducted air-conditioning
- Security fencing
- Dual roller door access
- Fibre optic available to building
- Leased to national tenant

For further information on these properties, please contact one of our Colliers International agents Trent Robertson or Mark Yazbeck.

*Approx.

(NPP)
(NA2019)

Property History for 16 Ironbark Cl, Warabrook, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$1,160,000
03 Oct 2019
Listed for Rent
$1.06k/w
28 Oct 2016
  • 03 Oct 2019
    Sold for $1,160,000
  • 09 Aug 2019
    Listed for Sale Please contact agent
  • 09 May 2019
    Sold
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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.
There are currently no properties listed for sale, and 1 property listed for rent in Warabrook on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Warabrook.

Suburb Insights for Warabrook 2304

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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.