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
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Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry StreetNEWCASTLE WEST, NSW 2302
50 Mountain Road
Halloran, NSW 2259
Map of 50 Mountain Road
Train stations within 5 km of 50 Mountain Road, Halloran, NSW 2259 Distance Warnervale Station 1.7 km POWERED BY HERE ©Bus stops within 5 km of 50 Mountain Road, Halloran, NSW 2259 Distance Sparks Rd After Jack Grant Av 290 m Lot Sparks Rd 541 m Sparks Rd Opp Lakes Grammar an Anglican School 1 km Sparks Rd Before Burnet Rd 1 km Lakes Grammar Junior School 1.2 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
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
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