AUCTION - RENOVATED WAREHOUSE AND OFFICE
A recently renovated warehouse and office facility with lock-up yard area. The offices include reception entry, two partitioned offices, meeting room and an open administration area. The amenities comprise of a well-maintained lunchroom along with male and female toilets which includes shower facilities. The warehouse is accessed from two roller doors facing Callistemon Close and a single roller door at the rear onto a sealed yard area.
The property is conveniently located in the Warabrook industrial precinct with Newcastle Port facilities, CBD and the Pacific Highway all approximately 10 minutes from the property. Surrounding businesses in the Estate include Australia Post Regional Mail Centre, Douglas Partners, Honeywell and McLanahan Corporation to name a few.
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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