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  • Sold
Industrial investment with 5 + 5 lease term - #1
Industrial investment with 5 + 5 lease term - #2
Industrial investment with 5 + 5 lease term - #3
Industrial investment with 5 + 5 lease term - #4
The subject property is located in the Thornton Industrial Estate, a viable location for a range of industrial companies servicing Newcastle and the greater Hunter Region as it provides easy links to all major arterial roads including the New England Highway, the Pacific Highway, the Hunter Expressway and the M1 Pacific Motorway.
Thornton is located 25km* north west of the Newcastle CBD and 156km* north of the Sydney CBD.

Erected on-site is an industrial warehouse and associated two storey office and amenities accommodation reflecting a site coverage of approximately 20% being erected on a 1,622sqm parcel of land zoned B5 Business Development.

- Site area - 1,622sqm*
- 5 year lease + 5 year option
- Current income - $50,000pa net (plus GST)
- 2% annual increases
- 120amps* power
- Two storey office
- Site coverage 20%* with ample hardstand for future expansion (STCA)


For Sale via Private Treaty, please contact Tim Woolf of Colliers International for more information

*Approximate

Features

Total Area - M
1,622sqm* site area
Net Income
$50,000 net income
Power Source
120 amps of power
Expansion Land
Ample hardstand for expansion (STCA)
  • 23/04/2021
  • Contact our experts for details on this transaction