Cardow & Partners Woolgoolga is excited to present a substantial industrial investment opportunity in Woolgoolga!
Offering two sets of sheds totaling approximately 915 m2 floor area. In addition there is an Approved DA for 2 brand new x 6 x 12 metre sheds. This investment opportunity has the potential for even future development (STCA). The facilities are currently leased to several different tenancies with varying lengths of leases. The site is currently generating a combined income of $85,507 per annum including GST.
Located in a cul-de-sac with ample street frontage, properties like this do not come along often.
Building area approx. 915 m2
Land area 5431 m2
Zoned E4 C4
Current rental income $85,507 per annum including GST
Abundance of parking
Industrial properties in Woolgoolga are extremely tightly held so don't miss this rare opportunity.
The size of Woolgoolga is approximately 54.7 square kilometres. It has 25 parks covering nearly 72.6% of total area. The population of Woolgoolga in 2011 was 5,050 people. By 2016 the population was 5,303 showing a population growth of 5.0% in the area during that time. The predominant age group in Woolgoolga is 60-69 years. Households in Woolgoolga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolgoolga work in a labourer occupation. In 2011, 63.4% of the homes in Woolgoolga were owner-occupied compared with 65.1% in 2016.
Woolgoolga has 3,648 properties. Over the last 5 years, Houses in Woolgoolga have seen a 69.71% increase in median value, while Units have seen a 44.97% increase. As at 30 November 2024:
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