31/31 Warabrook BoulevardWarabrook NSW 2304
Property Details for 31/31 Warabrook Bvd, Warabrook
Last Listing description (September 2021)
Located in the popular Warabrook Business Precinct, and only minutes to the Newcastle Port and CBD. This industrial unit is located in a fully fenced and secure development and offers a great opportunity for investors looking to start or add to their property portfolio. With a brand new lease, expiring 30/06/2023, you can purchase the unit GST free and secure this amazing investment property.
The unit features high quality low maintenance full concrete panel construction, commercial style shop front glazing and high clearance roller door access. The unit is also serviced with water and sewerage connection, as well as NBN connectivity, and set amongst landscaped grounds.
Don't miss out in securing your new investment in this quality industrial development.
Property History for 31/31 Warabrook Bvd, Warabrook, NSW 2304
- 25 Sep 2021Sold for $135,000
- 22 Jun 2021Listed for Sale $139,000
- 02 Sep 2020Listed for Sale 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 1,018 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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