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Knight Frank - Newcastle

27-31 & Part 35 Pacific Highway Bennetts Green, NSW 2290

27-31 & Part 35 Pacific Highway,
Bennetts Green, NSW 2290

Warehouse, Factory & Industrial

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Knight Frank - Newcastle
Brent Sinclair
Dan Barry

Knight Frank - Newcastle

Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
Knight Frank - Newcastle
27-31 & Part 35 Pacific Highway
Bennetts Green, NSW 2290

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Fully leased investment opposite Bunnings

  • Single tenanted investment
  • 4% fixed annual increases
  • 2 ha* site
Knight Frank is pleased to present a fully leased industrial investment situated in a key retail area of Lake Macquarie. The property is leased by a secure tenant, Australian Motor Homes and Caravans, who is the market leader in the RV and Motorhome sales in Australia and has been successfully operating from this location for over two decades.

The Property boasts significant exposure along the Pacific Highway, benefiting from high traffic visibility and the convenience of drive through access from dual street frontages. The tenant has also recently committed to the site through a new lease, extending their tenure, with options until 2039.

Key Features:
- New 5-year lease with options to 2039
- Net income $1,050,000 per annum (plus GST)
- Tenant with 20+ years of trading at this location
- 20,243 sqm* combined site area, low 27% site coverage
- 123 m* frontage to Pacific Highway
- Opposite Bunnings and Bennetts Green Homemaker Centre

The property is to be sold via Expressions of Interest, now closed.

For more information, please contact the exclusive Knight Frank selling agents.

*Approximate

Property ID: 504551928Last Updated: 24 Jul 2024

Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302

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