38 Mitchell RoadCardiff NSW 2285
Property Details for 38 Mitchell Rd, Cardiff
Last Listing description (July 2023)
Ray White Commercial South Sydney are pleased to offer for sale 7 Ranton Street and 38 Mitchell Road, Cardiff.
The property is available For Sale individually or in-one-line.
Positioned within a popular industrial precinct the property offers a substantial investment opportunity with long term leases to three tenants and returning $453,813.04 net per annum plus GST. The property comprises two adjacent industrial workshops and offices totalling 2,063sqm* and on a combined site area of 4,351sqm*. The two properties can be purchased in-one-line or separately.
Long 5x5x5 leases + annual 3% rises to one of the region's leading engineering firms + 2 other tenants
Makes for a great investment
Cardiff is one of Newcastle's strongest and most highly sought after institutional grade investment markets
For further information, please contact Eddie Petro.
*approximately
Property History for 38 Mitchell Rd, Cardiff, NSW 2285
- 08 Jun 2023Listed for Sale For Sale
- 06 Dec 2014Listed for Rent - Price not available
- 18 Sep 2014Listed for Rent - Price not available
Recent sales nearby
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About Cardiff 2285
The size of Cardiff is approximately 5.2 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cardiff in 2016 was 5830 people. By 2021 the population was 6318 showing a population growth of 8.4% in the area during that time. The predominant age group in Cardiff is 30-39 years. Households in Cardiff are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cardiff work in a professional occupation.In 2021, 66.30% of the homes in Cardiff were owner-occupied compared with 71.40% in 2016.
Cardiff has 3,845 properties. Over the last 5 years, Houses in Cardiff have seen a 62.49% increase in median value, while Units have seen a 51.12% increase. As at 30 November 2025:
- The median value for Houses in Cardiff is $876,557 while the median value for Units is $703,802.
- Houses have a median rent of $620 while Units have a median rent of $590.
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