Islington16 Fern Street

Development Prospect with Holding Income

This brick construction warehouse is located on the Eastern end of Fern Street is approximately 70 metres from popular Beaumont Street.

* Currently leased to Signwave until 31 March 2020 + 3 year option to renew
* Net income approx $35,300 per annum
* Zoned B4 Mixed Use
* 14 metre height limit and floor space ratio of 2:1
* Land area 481m2 approx

This is an opportunity to secure a sizeable parcel of land with great development prospects whilst having a steady rental income.

Islington is a burgeoning suburb that is fast joining neighbouring Hamilton as a popular place for cafe's, restaurants as well as an eclectic mix of antique and homewares shops.

Contact Agent

Jason Morris

Jason Morris

Raine & Horne Commercial

02 4915 3000

0425 302 778

Property Information

  • Street Address 16 Fern Street
  • Type Commercial
  • Price $995,000 (sold as a going concern)
  • State NSW
  • Suburb Islington
  • Property Type Industrial
  • Land Size 481 m2
  • Building Size 390 m2

Location Map