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8 Kestrel Avenue, Thornton, NSW 2322

8 Kestrel Avenue, Thornton, NSW 2322

Industrial/Warehouse Offices

  • For Sale
  • Contact Agent
  • Sale by Negotiation

  • Land Area
  • 4.37ha (10.80 acres) (approx)
  • Floor Area
  • 8,235 m²
  • Building
  • Whole
  • Last Updated
  • Oct 29, 2021

Additional Details

Interested in this property? Contact an Agent today

Commercial Collective - NEWCASTLE

Level 2, 28 Bolton Street

Newcastle NSW 2300

Multi tenanted investment

Positioned in one of Newcastle's most prominent industrial estates, the property offers a substantial investment opportunity with long term leases to two quality tenants.

The property comprises of two industrial workshops totalling 8,235sqm* and constructed on a site of 4.37hectares*.

Building 1: 9 year lease to Armorgalv
New Office: 236sqm*
Existing workshop: 2,208sqm*
Workshop Extension: 720sqm*
Total: 3,164sqm*

Building 2: 7.5 year lease to Reinforced Concrete Pipes Australia
Office area: 373sqm*
Workshop with crane: 1,010sqm*
High clearance warehouse: 1,799sqm*
Lower clearance warehouse: 1,476sqm*
Annex area: 413sqm*
Total: 5,071sqm*

Additional property features:

- Combined total rental income $1,041,769.78* net per annum + GST
- Popular investment location
- Two quality tenants
- Potential for long term development upside

The property is located approximately 30 kilometres west of the Newcastle CBD and the Port of Newcastle. The estate provides easy access to the New England Highway, the M1 Pacific Motorway and the Pacific Highway, all of which are located

8 Kestrel Avenue, Thornton, NSW 2322

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