2/6 Hereford StreetBerkeley Vale NSW 2261
Property Details for 2/6 Hereford St, Berkeley Vale
Last Listing description (July 2024)
FOR SALE BY PUBLIC AUCTION - INDUSTRIAL INVESTMENT
With an income of $312,000 per annum + outgoings + GST, this outstanding opportunity is sure to capture the attention of astute investors. The 2,618m2 warehouse is part of a small 3 Lot industrial strata sub division within the highly sought after Berkeley Vale industrial precinct, with all 3 buildings of a freestanding nature.
Home to such national icons such as Sanitarium, Masterfoods, Trendpac & Fed Ex. Berkeley Vale continues to be a strong performing suburb in the growing Central Coast industrial market.
Only minutes from the M1 Motorway, this property is ideally located for warehousing, logistics and distribution. Zoned E4 General Industry, the property will be sold at auction for less than replacement cost in the current market. Excellent Invesment property with income from Day 1.
The commencing rent is $120/m2 on a net basis, well on the lower side of the current leasing market. With many properties now achieving much higher rentals on the Central Coast, there is plenty of upside for your investment.
Occupied by Phoenix packaging, the property is offered to the market with a strong lease in place
5 Year + 5 + 5 Year Lease term
$312,000 per annum + outgoings + GST commencing rental
Warehouse - 2,618m2 (as per Strata Plan)
Land 3,601m2 (as per Strata Plan)
Excellent internal footprint for warehouse, storage or distribution
B-Double access to the M1
Undercover awning for loading
E4 General Industry Zoning
Boasting an income of $358,027 in 2028, you can invest today and watch your return grow through the years with a guaranteed 3.5% rental increase year on year. In a market where it is difficult to find and achieve strong industrial investments, 2/6 Hereford Street has the excellent combination of income from day one, long term tenure and upside for your income. If you are in the market for genuine investment opportunities, then this property deserves your attention.
FOR SALE BY PUBLIC AUCTION
Thursday 18th April
10am
ONSITE
Brad Rogers
RWC Central Coast
0459 921 122
brad.rogers@raywhite.com
Property History for 2/6 Hereford St, Berkeley Vale, NSW 2261
- 14 May 2024Sold for $4,550,000
- 15 Feb 2024Listed for Sale For Sale By Public Auction - 18th April 2024
- 23 Aug 2021Sold for $2,000,000
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About Berkeley Vale 2261
The size of Berkeley Vale is approximately 6.1 square kilometres. It has 20 parks covering nearly 12.1% of total area. The population of Berkeley Vale in 2016 was 8355 people. By 2021 the population was 8951 showing a population growth of 7.1% in the area during that time. The predominant age group in Berkeley Vale is 30-39 years. Households in Berkeley Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berkeley Vale work in a trades occupation.In 2021, 77.10% of the homes in Berkeley Vale were owner-occupied compared with 75.60% in 2016.
Berkeley Vale has 4,016 properties. Over the last 5 years, Houses in Berkeley Vale have seen a 55.11% increase in median value, while Units have seen a 65.79% increase. As at 30 November 2025:
- The median value for Houses in Berkeley Vale is $992,200 while the median value for Units is $511,473.
- Houses have a median rent of $650 while Units have a median rent of $490.
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