The subject property presents an opportunity for long term investment in a quality, architecturally designed development located in the heart of a key region benefiting from the continued Mining Industry boom. The proposed facility (DA Approved) is available for sale as a going concern with a long term lease proposed to a global manufacturing company, Bradken Resources Pty Limited.

A construction contract has been signed with Hansen Yucken with work due to commence during April 2012. It is intended that the Vendor, or a representative of the Vendor, will assume responsiblity for the construction process once the sale is finalised.

This purpose built multi function building boasts a generous layout comprising both private and open plan office space, meeting rooms, a large conference room, laboratory space, a commercial cafeteria, workshop space, off-street car parking and an external multipurpose building.

The proposed buildng will be approximately 7,163 square metres on a site of 1.323 hectares.

The proposed rent is $1,500,000 per annum net.

The property is located on the corner of McIntosh Drive and Steel River Boulevard with the Steel River Industrial Estate, located approximately 10kms from Newcastle CBD.