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Knight Frank - Central Coast

26 Warabrook Boulevard Warabrook, NSW 2304

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26 Warabrook Boulevard,
Warabrook, NSW 2304

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Expression of interest

Under Contract

Key property information

Land area

Floor area

Zoning

Tenure type

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to arrange a private inspection.
Knight Frank - Central Coast
Brett Dowling
Ty Blanch

Knight Frank - Central Coast

Suite 401 / 1 Bryant Dr
TUGGERAH, NSW 2259
Knight Frank - Central Coast
26 Warabrook Boulevard
Warabrook, NSW 2304

Map of 26 Warabrook Boulevard

Directions
  • Train stations within 5 km of 26 Warabrook Boulevard, Warabrook, NSW 2304Distance
    Warabrook Station382 m
    Sandgate Station2 km
    Waratah Station2.2 km
    Broadmeadow Station4.3 km
    Hamilton Station4.6 km
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  • Bus stops within 5 km of 26 Warabrook Boulevard, Warabrook, NSW 2304Distance
    Angophora Dr Opp Warabrook Shopping Centre418 m
    Angophora Dr Opp Viola Way474 m
    Warabrook Shopping Centre, Angophora Dr502 m
    Warabrook BVD Before Casuarina CCT572 m
    Warabrook BVD After Angophora Dr577 m
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POWERED BY HERE ©

Exceptional industrial freehold investment

On behalf of our valued client, Knight Frank Central Coast is pleased to provide information on an excellent strategic investment opportunity in Warabrook.

This industrial freehold building of 1,300 sqm* GFA plus mezzanine and substantial office areas on a 3,417 sqm* lot in a brilliant location with a secure tenancy, represents outstanding value.

The property enjoys a strategic position within the Newcastle region and is only minutes away from the Newcastle Central Business District (CBD), making it convenient for businesses to access essential services and resources. The proximity to major transportation routes, including the Newcastle Port, M1 Motorway, and New England Highway, ensures swift connectivity to broader markets. Warabrook’s industrial landscape provides a conducive environment for businesses seeking growth, connectivity, efficiency and compelling locational advantages for the longer term.

This unique investment opportunity derives value from more than simply the tenant and the location of the property. The key to the specific use of the building is the significant investment that has been made by the tenant ‘Connect Ability’ in creating both the required office space and functional disability spaces for their clients, plus the wet weather access points and additional parking required for busses on the hardstand within the massive parking area.

Connect Ability are an established, government and privately funded tenant delivering a much needed service to the community with proven results and they currently have a long term (10 year) lease plus options to 2032. They have clearly expressed their wish to stay in the property for the long term. The rent is reviewed to market at each 5-year period, with CPI reviews annually, and this provides for fair market rent and longevity of the tenant plus strong capital growth.

Specific lease details are as follows:

Investment Overview

Lessee - Connectability Australia Incorporated

About Lessee - Quality long term tenant

Lease Term - Ten (10) Years Option/s

Lease Commencement -15th May 2017

Lease Expiry - 14th May 2027

Option Period - Five (5) years

Rent - $168,644.29 Net Per annum + GST

Rent Reviews - CPI at each anniversary with market reviews at the 5th year anniversary and option periods.

Outgoings - 100 % payable by the tenant

We welcome your enquiry and inspections of this amazing property and unique investment opportunity are available by appointment.

Property ID: 504653916Last Updated: 9 Sep 2024

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