279 Newport Road, Cooranbong, NSW 2265

Industrial

Sold $990,000 Under Offer

  • Property ID: 332867
  • Floor Area: 475m²
  • Land Area: 1500m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 475m2 1500m2 N/A
Incredible residential and large industrial package!

This unique property consists of two main structures including a substantial 475m2 (Approx.) industrial facility, plus a (3) three bedroom dwelling which could be used together or separately. The larger industrial shed has access from both 15 Currans Road via a right of way access easement over the proposed strata title unit development, and from the property frontage to Newport Road. The colourbond industrial building has five (5) high and wide roller doors providing excellent access to a large clear span factory or warehouse suitably zoned IN2 and with large power supply (3 phase, 800 Amp potentially) which broadens the scope for many uses including manufacturing or engineering applications.

The three (3) bedroom home has been extensively renovated to a high standard with complete new fit out, timber features, separate lounge/family room and dining room. There are huge balcony and deck areas at the front and rear of the residence. The property has been carefully crafted with thought regarding the efficiency and privacy aspects of each component in the original approvals. This allows for residential use of the renovated residence with or separately from, the available access to the industrial premises. Abundant parking adjacent to the home and workplace on reinforced concrete makes for flexibly with staff clients and residents.

Newport road performs the function of a collector road. A collector road or distributor road is a low-to-moderate-capacity road which serves to move traffic from local streets to arterial roads. Unlike arterial , collector roads are designed to provide access to residential properties. The benefit for the Industrially zoned component of the subject property lies in the constrained supply of IN2 zoned land, it’s immediate proximity to a very large and growing residential base and workforce, plus the access to both Sydney and Newcastle via the M1 Motorway, and to Morisset and Toronto in the local vicinity. Main thoroughfare frontage also gives exposure to any business requiring ancillary sales/retail uses, plus there is potential for M1 Motorway access from Newport Road in the years to come (which would greatly improve the value of this property.

CALL TO INSPECT NOW!

Cooranbong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2084 --- ---
This is the average advertised price, rent and yield for Cooranbong, NSW 2265*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 279 Newport Road, Cooranbong, NSW 2265. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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