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SOLD

54 Clyde Street, Hamilton, NSW 2303

Properties / Sold / New South Wales / Hamilton

Development Potential

1. Property Summary

Property Type

Commercial, Industrial

Sub Type

Office, Land Site

Land Area

2.81 hectares (*approx)

Selling Method

Expressions of Interest: Contact Agent

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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*

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

- Future development potential (STCA) with strong holding income

- Offering over 200* car spaces

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

*Approximately

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