This large (9,525 sqm) industrial site situated in the middle of Gunnedahs main Industrial precinct offers both income and development potential. There is a 36m x 15m colorbond shed with kitchenette, amenities, mezzanine storage and a 6 metre concrete apron running the lenght of the shed. This shed is erected at the front of the site with a new 3 year lease returning $38,000 plus GST per annum. The tenant pays 50% of the rates and 100% of the water and 100% of shed replacement insurance.
The rear of the site has some de mountable buildings but is primarily a level vacant site fence with a 6 foot chain wire mesh fence. This part of the site comprises approximately 6,700 sqm and is currently lease for storage with a new 3 year lease at $18,600 plus GST per annum plus 50% of the rates for the property.
This is an opportunity for the astute investor/developer with cash flow from the outset at 7% net of the asking price. Please do not hestitate to call Jarad Ewing on 0429233736 to arrange an inspection or for further details.
The size of Gunnedah is approximately 519.0 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2016 was 9726 people. By 2021 the population was 10359 showing a population growth of 6.5% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation.In 2021, 65.40% of the homes in Gunnedah were owner-occupied compared with 63.00% in 2016.
Gunnedah has 5,858 properties. Over the last 5 years, Houses in Gunnedah have seen a 81.95% increase in median value, while Units have seen a 36.63% increase. As at 31 December 2025:
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