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Knight Frank - Newcastle

50 Mountain Road Halloran, NSW 2259

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50 Mountain Road,
Halloran, NSW 2259

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Expressions of Interest - Please contact Agents

Key property information

Land area

Floor area

Zoning

Tenure type

Private inspections

to arrange a private inspection.
Knight Frank - Newcastle
Brent Sinclair

Knight Frank - Newcastle

Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
Knight Frank - Newcastle
50 Mountain Road
Halloran, NSW 2259

Map of 50 Mountain Road

Directions
  • Train stations within 5 km of 50 Mountain Road, Halloran, NSW 2259Distance
    Warnervale Station1.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 50 Mountain Road, Halloran, NSW 2259Distance
    Sparks Rd After Jack Grant Av290 m
    Lot Sparks Rd541 m
    Sparks Rd Opp Lakes Grammar an Anglican School1 km
    Sparks Rd Before Burnet Rd1 km
    Lakes Grammar Junior School1.2 km
    POWERED BY HERE ©
POWERED BY HERE ©

ASX tenant plus land

Knight Frank is pleased to present to the market for sale, 50 Mountain Road, Halloran (Warnervale), for sale via Expressions of Interest.

This considerable land holding, leased in part to Bunnings Trade: Frame and Truss, provides substantial income and a myriad of potential development and value-add opportunities. These include the development of surplus land and the potential for future rental growth.

An area zoned E4 General Industrial is cleared, serviced, and benched, ready for immediate redevelopment^. There is also a medium-term development opportunity for the surplus land currently leased.

Key Features:
• Extensive industrial land holding with substantial income and surplus land for redevelopment^.
• Partially leased to Bunnings Group Ltd, a Wesfarmers subsidiary (ASX: WES), trading as Bunnings Trade; Frame and Truss with over 25 years trading at this location.
• Current net income of $732,085 p.a. excl. GST*.
• Leased improvements consist of a high clearance warehouse and office building with a combined gross floor area of 6,643 sqm*.

In addition to an extensive yard, and hardstand areas:
• Low site coverage of approximately 4%.
• Zoning: E4 General Industrial, C2 Environmental Conservation.
• Located near the M1 Motorway on/off ramp and adjacent to Warnervale Airport.
• Established central coast industrial precinct, strategically located between Sydney and Newcastle.
• Positioned withing the Wyong Employment Zone Urban Renewal Transformation Strategy Precinct.

Expressions of interest are welcomed - Closing date Thursday, 21st November 2024 at 12pm AEST.

*Approximate
^Subject to Council Approval

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Property ID: 504680900Last Updated: 9 Sep 2024

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

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