



Colliers is pleased to present 9 Peter Dron Street, Raymond Terrace, a rare opportunity to secure a freestanding industrial asset positioned in the heart of Raymond Terrace's established commercial precinct. Currently leased to long-standing tenant CrossFit Deck who have been in occupation for 12 years, the property generates holding income while the month-to-month lease structure provides flexibility for investors, owner-occupiers and value-add buyers alike. Situated on a level 914m²* site and adjoining major national retailers including ALDI, Repco and Dan Murphy's, the property offers a highly sought-after combination of income, location and future upside. Key Features - Freestanding industrial building with 420m²* building area (including 60m²* mezzanine) - Holding income of $48,683 pa net (plus GST) - Tenant in occupation for 12 years* on month-to-month lease - Functional clearspan warehouse with four roller doors - Adjoining ALDI, Repco, Dan Murphy's and other national retailers - Zoned E3 Productivity Support - Ample parking on street and neighbouring Council car park Whether you're seeking an affordable industrial investment or a strategic landholding with repositioning potential, this opportunity warrants consideration. For Sale by Public Auction on Wednesday 25 November from 10:30am (AEDT). *Approximate
Email enquiry to Colliers - Newcastle
Property ID: 505263588
Original Property ID: 505263588