23 Arthur Butler DriveRed Hill NSW 2824
Property Details for 23 Arthur Butler Dr, Red Hill
Last Listing description (September 2021)
Spacious and well-designed premises in prime industrial hub next to Warren Airport. A long term tenant, servicing the agricultural industry, maintains a strong lease with options which provides an attractive yield for a prudent investor.
* Long term tenant (last 20 years) with a 2*3 year lease option
* Gross rental return, linked to CPI, of $56,545 pa
* Plus a wing awning covering concrete loading area of 140m2, car parking area and all-weather driveway.
* Site area 8,299m2 zoned General Industrial.
Call Andrew Kierath on 0418 346 337 for an inspection.
Property History for 23 Arthur Butler Dr, Red Hill, NSW 2824
- 07 Sep 2021Sold for $675,000
- 17 Aug 2021Listed for Sale Auction 23/9/2021
- 25 Mar 2021Listed for Sale $650,000 Ex GST
About Red Hill 2824
The size of Red Hill is approximately 39.5 square kilometres. The population of Red Hill in 2016 was 7 people. By 2021 the population was 5 showing a population decline of 28.6% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Red Hill work in a labourer occupation.In 2021, 0.00% of the homes in Red Hill were owner-occupied compared with 133.30% in 2016.
Red Hill has 32 properties. Over the last 5 years, Houses in Red Hill have seen a 60.27% increase in median value. As at 30 June 2026:
- The median value for Houses in Red Hill is $200,121.
Suburb Insights for Red Hill 2824
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