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2. Property Highlights

Substantial city fringe investment with unlocked potential
  • Building area 2.11ha*
  • Gross income of $2,148,698.97* pa + GST
  • Site area 2.81ha*

For Sale via Expressions of Interest closing Thursday 21 March 2024 at 12pm.

54 Clyde Street in Hamilton North was previously utilised by the Electric Lamp Manufacturers of Australia and has since been transformed into a mixed commercial, light industrial, and trade retail asset that spans 2.81ha*. The property stands out as a distinct investment opportunity with a building area of 2.11ha* and 26 diverse tenants, generating a secure gross income of $2,148,698.97* per annum plus GST.

The property is strategically located close to Newcastle CBD and provides easy access from neighbouring areas like Hamilton, Mayfield, Waratah, and Lambton. 54 Clyde Street is an opportunity not to be missed with its further potential for refurbishment or repurpose (STCA), long-term development (STCA) and rental

- 2.81 ha* site with 2.11 ha* building area

- Generating a significant gross income of $2,148,698.97* per annum + GST

- Occupied with 26 tenants providing a diverse income stream

- Offering over 200* car spaces

- Future development potential (STCA) with strong holding income

- Easy access to surrounding suburbs such as Hamilton, Mayfield, Waratah and Lambton

*Approximately

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4. Property Location

54 Clyde Street, Hamilton, NSW, 2303

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5. Due Diligence

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54 Clyde Street, Hamilton, NSW, 2303 Hamilton
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