131-135 Griffiths Road & 4-18, 24-26 Verulam Road,
Lambton, NSW 2299
Warehouse, Factory & Industrial
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Swanson Industries - Long term investment opportunity - Sold separately or in one-line
- Current rental income $907,137 net pa
- Building area 8,931sqm*
- Site area 1.679ha*
For Sale by Expressions of Interest closing Thursday 21 March 2024 at 4pm.
Commercial Collective is excited to present a substantial industrial investment opportunity
offering two engineering sites situated in the fringe suburbs of Newcastle CBD. This investment opportunity has the potential for future development (STCA) and can be sold in one line or separately. The facilities are currently leased to the national company, Swanson Industries, which is a leading mining services provider. The sites are generating a combined income of $1,142,756.96 net per annum + GST, both with a new 10-year lease with a 5-year option.
The Lambton facility occupied by Swanson Industries provides maximum exposure to both Verulam Road and Griffiths Road. The property offers a total build area of 8,931sqm* comprising of five buildings including workshops facilities, offices, lunchrooms, and amenities over a site area of 1.679ha*.
- Building area 8,931sqm*
- Site area 4.679ha*
- Zoned E4 General Industrial
- Current rental income $907,137 net per annum plus GST
- Abundance of parking
- New 10 year lease with 5 year option
^This property forms part of the Swanson Industries Portfolio - 2 Georgetown Road, Broadmeadow
*Approximately
Commercial Collective is excited to present a substantial industrial investment opportunity
offering two engineering sites situated in the fringe suburbs of Newcastle CBD. This investment opportunity has the potential for future development (STCA) and can be sold in one line or separately. The facilities are currently leased to the national company, Swanson Industries, which is a leading mining services provider. The sites are generating a combined income of $1,142,756.96 net per annum + GST, both with a new 10-year lease with a 5-year option.
The Lambton facility occupied by Swanson Industries provides maximum exposure to both Verulam Road and Griffiths Road. The property offers a total build area of 8,931sqm* comprising of five buildings including workshops facilities, offices, lunchrooms, and amenities over a site area of 1.679ha*.
- Building area 8,931sqm*
- Site area 4.679ha*
- Zoned E4 General Industrial
- Current rental income $907,137 net per annum plus GST
- Abundance of parking
- New 10 year lease with 5 year option
^This property forms part of the Swanson Industries Portfolio - 2 Georgetown Road, Broadmeadow
*Approximately
Property ID: 504520604Last Updated: 21 Feb 2024
131-135 Griffiths Road & 4-18, 24-26 Verulam Road
Lambton, NSW 2299
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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