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16 - 22 Gipps Street, Carrington, NSW, 2294

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16 - 22 Gipps Street, Carrington, NSW, 2294

Carrington

16 - 22 Gipps Street, Carrington, NSW, 2294
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16 - 22 Gipps Street, Carrington, NSW, 2294

Carrington

SOLD
16 - 22 Gipps Street, Carrington, NSW, 2294

16 - 22 Gipps Street, Carrington, NSW, 2294

Properties / Sold / New South Wales / Carrington
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact Agent
Land Area
3,055 m² (*approx)
Floor Area
2156 m² (*approx)
Property Type
Industrial, Retail
Sub-type
Office/Warehouse, Cafe/Restaurant
Est. Income
$537,023 p/a
Car Spaces
28
Show All
Prime multi-tenanted industrial asset in Newcastle city fringe
  • Net income of $537,023 per annum
  • 13 year lease to Brennan IT
  • Five tenants offering diverse income

This fully refurbished multi-tenanted industrial investment delivers a secure and diversified income stream within one of Newcastle's most tightly held inner-city industrial precincts. The property comprises five quality occupiers across essential service industries including IT, disability services, food production, hospitality and trade retail. Following a comprehensive refurbishment completed in 2023, the asset now offers modern finishes, strong functionality and long-term investment positioning.

Improvements total approximately 2,156sqm* across a 3,055sqm* E4 General Industrial site with each tenancy benefitting from individual roller door access, modern amenities and on-site parking. The property is strategically positioned within Carrington, providing immediate access to the Port of Newcastle, Newcastle CBD and major arterial roads. The current net income of $537,023 per annum plus GST is underpinned by established local and national businesses.

Property key features:

• Total building area of 2,156sqm* across five tenancies

• Site area of 3,055sqm* zoned E4 General Industrial

• Fully refurbished industrial facility completed in 2023

• Diversified income from five mixed-use industrial occupiers

• Net income of $537,023* per annum plus GST

• Individual roller door access to each tenancy

• Combination of ground floor warehouse and mezzanine office space

• Metal clad construction with internal concrete block walls

• Roof foil insulation for improved thermal performance

• Extensive on-site and rear lane parking with outdoor break area

• Fully air-conditioned Tenancy 1

• Rear lane access via Mathison Street for operational flexibility

*Approximately

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

16 - 22 Gipps Street Investment Summary

Property Type
Industrial, Retail
Sub-type
Office/Warehouse, Cafe/Restaurant
Est. Income
$537,023 p/a
Land Area
3,055 m² (*approx)
Floor Area
2156 m² (*approx)
Car Spaces
28
Selling Method
For Sale
Selling Details
Contact Agent

Investment Highlights

Prime multi-tenanted industrial asset in Newcastle city fringe
  • Net income of $537,023 per annum
  • 13 year lease to Brennan IT
  • Five tenants offering diverse income

This fully refurbished multi-tenanted industrial investment delivers a secure and diversified income stream within one of Newcastle's most tightly held inner-city industrial precincts. The property comprises five quality occupiers across essential service industries including IT, disability services, food production, hospitality and trade retail. Following a comprehensive refurbishment completed in 2023, the asset now offers modern finishes, strong functionality and long-term investment positioning.

Improvements total approximately 2,156sqm* across a 3,055sqm* E4 General Industrial site with each tenancy benefitting from individual roller door access, modern amenities and on-site parking. The property is strategically positioned within Carrington, providing immediate access to the Port of Newcastle, Newcastle CBD and major arterial roads. The current net income of $537,023 per annum plus GST is underpinned by established local and national businesses.

Property key features:

• Total building area of 2,156sqm* across five tenancies

• Site area of 3,055sqm* zoned E4 General Industrial

• Fully refurbished industrial facility completed in 2023

• Diversified income from five mixed-use industrial occupiers

• Net income of $537,023* per annum plus GST

• Individual roller door access to each tenancy

• Combination of ground floor warehouse and mezzanine office space

• Metal clad construction with internal concrete block walls

• Roof foil insulation for improved thermal performance

• Extensive on-site and rear lane parking with outdoor break area

• Fully air-conditioned Tenancy 1

• Rear lane access via Mathison Street for operational flexibility

*Approximately

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Benjamin Morello
Benjamin Morello
+61 *** *** *** show +61 402 489 498
Isaac Reville
Isaac Reville
+61 *** *** *** show +61 401 468 759

Download Development Site Report
Benjamin Morello
Benjamin Morello
+61 *** *** *** show +61 402 489 498
Isaac Reville
Isaac Reville
+61 *** *** *** show +61 401 468 759

Property Location of 16 - 22 Gipps Street, Carrington, NSW, 2294

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Carrington Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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16 - 22 Gipps Street, Carrington, NSW, 2294

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16 - 22 Gipps Street, Carrington, NSW, 2294 Carrington
Commercial Collective
Commercial Collective
10, Newcomen Street, Newcastle, Newcastle City Council, New South Wales, Australia, 2300
Benjamin Morello
Benjamin Morello
+61 *** *** *** show +61 402 489 498
Isaac Reville
Isaac Reville
+61 *** *** *** show +61 401 468 759
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