SOLD
Sold on 28 May 2024 for $2,700,000

9 Callistemon Close
Warabrook NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1160m2
Land area: 3135m2
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Property Details for 9 Callistemon Cl, Warabrook

Building Type
Commercial
Floor Size
1160m2
Land Size
3135m2
Local Government
Newcastle
Lot/Plan
203/DP700272

Last Listing description (January 2018)

- The property is located on the southern side of Callistemon Close near the intersection of Casuarina Circuit, within
the popular Warabrook Industrial Estate, Warabrook is situated just off the Pacific Highway, approximately ten minutes from the Newcastle CBD and close to the Port of Newcastle.
- A modern warehouse and office facility comprising of tilt concrete construction with large clear span warehouse.

featuring a seven metre clearance to the eaves. First class office accommodation including reception, meeting rooms, warehouse manager s office and open plan areas. Impressive warehouse and office facility with landscaped grounds and high clearance warehouse at rear with dual roller doors.
- Please note the first floor office is excluded from the tenancy area.
- 14 on-site car spaces (approx.)
Building areas as follows:-
- Office: 236sqm (approx.)
- Warehouse: 710sqm (approx.)
- Total: 946sqm (approx.)
- For Lease $85,000 net per annum (plus GST)
- Proportion of outgoings payable in addition to the above rental, amounts to be confirmed. The Lessee will also be responsible for the Lessee s own business related operating expenses including, but not limited to, electricity, water usage, telephones, insurance, internal cleaning etc.

Property History for 9 Callistemon Cl, Warabrook, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$2,700,000
28 May 2024
Listed for Rent
$1.63k/w
22 Jan 2018
  • 28 May 2024
    Sold for $2,700,000
  • 21 Nov 2017
    Listed for Rent - Price not available
  • 20 Jul 2017
    Listed for Rent - Price not available
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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 1,026 properties. Over the last 5 years, Houses in Warabrook have seen a 79.60% increase in median value, while Units have seen a 39.89% increase. As at 30 November 2024:

  • The median value for Houses in Warabrook is $947,048 while the median value for Units is $576,491.
  • Houses have a median rent of $645 while Units have a median rent of $540.
There are currently no properties listed for sale, and 1 property listed for rent in Warabrook on OnTheHouse. According to CoreLogic's data, 28 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.