5/6 Seasands Drive, Redhead
Available for either owner occupy or investment is this concrete panel warehouse which includes mezzanine and is currently leased to the end of March 2026. Purchase now and plan your move in date or negotiate with the current tenants to extend their lease period.
| LEGAL DESCRIPTION | Lot 5 in Strata Plan 95290 |
| LOCAL GOVERNMENT AREA | Lake Macquarie City Council |
| ZONING | E4 General Industrial |
| DEVELOPMENT APPROVALS | Mezzanine Approval |
| BUILDING AREA |
290sqm |
| NET ANNUAL INCOME | $42,800 |
| OUTGOINGS | $12,866 |
| SALE PROCESS | Private Treaty $900,000 |
LOCATION
Embedded Map
Address: 5/6 Seasands Drive, Redhead, NSW 2290, Australia
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THE PROPERTY
The subject property is a tilt panel concrete warehouse with an iron roof. It includes a steel framed 92sqm mezzanine level that has stair access. There is a single disabled toilet and a kitchenette in the warehouse area, together with 3 on site car parks.
ANNEXURE A: FLOOR PLANS
FINANCIAL SUMMARY
INCOME SUMMARY
| Rental income | $ 43,800 |
| Less non-recoverable outgoings | $ 1,000 |
| Total annual net income | $ 42,800 |
OUTGOINGS
| Council rates | $ 2,396 |
| Water rates | $ 850 |
|
Land Tax (single holding basis) |
NIL |
|
Strata rates |
$8,620 |
|
Repairs and maintenance |
$1,000 |
|
TOTAL |
$12,866 |
TENANCY SCHEDULE
| Lessee | Allbeach Pty Ltd |
| Lease Term | 1 year |
|
Lease Commencement |
01/04/2025 |
|
Lease Expiry |
31/03/2026 |
|
Outgoings Payable |
100% Council rates, water rates, strata rates |
TOWN PLANNING
KEY DETAILS
| Local Government Area | Lake Macquarie City Council |
| Zoning | E4 General Industrial |
Zone E4
General Industrial
Objectives of zone
- To provide a range of industrial, warehouse, logistics and related land uses.
- To ensure the efficient and viable use of land for industrial uses.
- To minimise any adverse effect of industry on other land uses.
- To encourage employment opportunities.
- To enable limited non-industrial land uses that provide facilities and services to meet the needs of businesses and workers.
- To support and protect industrial land for industrial uses.
- To ensure non-industrial land uses do not prejudice the viability of industrial land or other centres.
Permitted without consent
Environmental protection works
Permitted with consent
Boat building and repair facilities; Boat launching ramps; Car parks; Correctional centres; Crematoria; Depots; Flood mitigation works; Freight transport facilities; Garden centres; General industries; Goods repair and reuse premises; Hardware and building supplies; Helipads; Heliports; Industrial retail outlets; Industrial training facilities; Jetties; Kiosks; Landscaping material supplies; Light industries; Local distribution premises; Mortuaries; Neighbourhood shops; Oyster aquaculture; Passenger transport facilities; Places of public worship; Plant nurseries; Port facilities; Recreation facilities (indoor); Recreation facilities (major); Respite day care centres; Restricted premises; Roads; Service stations; Sewerage systems; Signage; Storage premises; Take away food and drink premises; Tank-based aquaculture; Timber yards; Transport depots; Truck depots; Vehicle body repair workshops; Vehicle repair stations; Vehicle sales or hire premises; Warehouse or distribution centres; Water supply systems; Wholesale supplies
Prohibited
Any development not specified in item 2 or 3
SALE PROCESS
SALE DETAILS
Private Treaty $900,000
INSPECTIONS
All inspections to be in the company of an authorised Movable agent or representative
LEGAL DETAILS
Ezy Step Conveyancing Belmont
Renee Seymour
4067 9871
renee@ezystepconveyancing.net.au
Get In Touch
Agent Details
Jason Morris
Commercial | Partner
Enquiry Form
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Disclosure
This property memorandum has been compiled by MOVABLE for the information of the interested parties to assist them in deciding whether they are sufficiently interested in the property offered for sale to proceed with further investigation of the property. The information does not constitute all or any part of an offer or contract for sale, and is intended as a guide only.
The information contained in the Memorandum has been prepared in good faith. Interested parties should take note however, that any calculations contained in the Memorandum are based on information provided to MOVABLE by outside sources and have not been independently verified by MOVABLE or the vendor. Any projections contained in the Memorandum, therefore, represent best estimates only and may be based on assumptions which, while reasonable, may not be correct.
Interested parties should not rely on any material contained in a brochure or the memorandum as a statement or representation of fact but should satisfy themselves as to its correctness by such independent investigation as they or their legal or financial advisers see fit.
To the extent that this document includes any statement as to a future matter, that statement is provided as an estimate and/or opinion based upon the information known to MOVABLE at the date of preparing this document and assumptions which may be subsequently proven to be incorrect. Neither MOVABLE nor the vendor warrants that such statements are or will be accurate or correct.
MOVABLE provides this document on the condition that, subject to any statutory limitation to do so, each of MOVABLE and the vendor disclaims liability under any cause of action including negligence for any loss arising from reliance upon this document.
This memorandum is provided by MOVABLE or the vendor on a confidential basis to the recipient for recipient’s sole use and is not to be re-supplied or distributed by the recipient to any other person without the prior written consent of MOVABLE or the vendor and neither MOVABLE nor the vendor is liable for any loss arising for such unauthorised use or reliance.
GST
MOVABLE advises that the financial information in this memorandum relating to income, outgoings and the like are provided without reference to the impact of GST, if any. Purchasers must make their own assessment of the impact of GST on the investment, property, lease etc and the returns derived there from after obtaining independent expert advice.