CAMERON PARK NSW_Warehouse
Description
Strategic position at M1 Motorway & Hunter Expressway Interchange.
Less than 25 minutes drive to Newcastle Port, CBD and Hunter Valley coal
mines.
10 year lease to WDS (Mining) Pty Ltd commenced Sept. 2008 plus options to 2028.
Modern industrial and office facility built in 2008.
Large land area: 18,470 sqm.
Building area: 2,952 sqm.
Two x 25 tonne overhead cranes, landlord owned and tenant maintained.
Substantial concrete and hardstand yards.
Major tax depreciation benefits.
Outgoings paid by tenant as per lease.
Publicly listed WDS are a leading Australian integrated provider to the energy, mining and infrastructure sectors.
Net Income: $431,780 pa + GST.
Indicative Asking Price $4,500,000
Circa 9.5% Yield
Darren Beehag 0411 226 223
CO AGENT
Raine & Horne Commercial Newcastle
Steven Dick 0425 302 771
steve@rhplus.com.au
VIDEO: Building Fly-Thru https:/?/?www.youtube.com/?watch?v=fbFwFZ_A_PI
Do you own a similar property?
Enquire
Contact agents
Stephen Lovison
Enquiry Form
Cameron Park, NSW
27 27 Kalinya Close
- Sold Price: Contact Agent