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Commercial Collective - NEWCASTLE

52 Enterprise Drive Beresfield, NSW 2322

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52 Enterprise Drive,
Beresfield, NSW 2322

Warehouse, Factory & Industrial

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9.16 % Net Return with Development Upside

The property is leased to two tenants with a combined rental income of $141,989* pa net plus GST. The main tenant is Specialty Packaging Group Pty Ltd, a subsidiary of Opal Packaging Australia Pty Ltd, Australia's largest packaging group. The low site coverage provides an opportunity to further extend the warehouse in the future if required (STCA).

The property is located in Beresfield Industrial precinct, arguably Newcastle's best industrial area, strategically located at the northern end of the M1 Pacific Motorway and approximately 25 minutes west of the Newcastle CBD.

The property features:

- Building area 1,011 sqm*
- Site area 3,365 sqm*
- 13 on-site car parks
- Income of $141,989 net per annum*
- Zoned IN2 Light Industrial

*approximately

Property ID: 503462342Last Updated: 1 Jun 2020

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
04223026...
Commercial Collective - NEWCASTLE
52 Enterprise Drive
Beresfield, NSW 2322
Commercial Collective - NEWCASTLE
10 Newcomen Street
NEWCASTLE, NSW 2300

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