Knight Frank is pleased to offer this very well positioned freehold industrial allotment in the heart of Portsmith. The 1,058 sqm allotment has excellent exposure to Buchan Street, having a 20 metre frontage. The property is very well presented with approximately 500 sqm of warehouse, with an additional 40 sqm open wash bay at the rear. This shed will suit a multitude of uses, or an ideal investment for investors looking to secure a mid-size tenant. Block construction with colourbond roof, and approximately 100 sqm of office, and parking onsite for staff and clients, this will be a popular site with the owner occupiers. Available to occupy now.
* Affordable freehold site 1,058 sqm
The size of Portsmith is approximately 15.6 square kilometres. There are 2 parks within the area. The population of Portsmith in 2016 was 260 people. By 2021 the population was 314 showing a population growth of 20.8% in the area during that time. The predominant age group in Portsmith is 20-29 years. Households in Portsmith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Portsmith work in a clerical occupation.In 2021, 50.00% of the homes in Portsmith were owner-occupied compared with 60.00% in 2016.
Portsmith has 563 properties. Over the last 5 years, Houses in Portsmith have seen a 43.99% increase in median value, while Units have seen a 86.40% increase. As at 31 July 2026:
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