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Lot 103 Canavan Drive Beresfield, NSW 2322

Lot 103 Canavan Drive,
Beresfield, NSW 2322

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INVESTMENT - 10 YEAR LEASE (UNDER CONTRACT)

An industrial investment leased to Pacific Petroleum Products Pty Ltd on a 10 + 5 year lease with commencement rental of $130,000 per annum net + GST.

The property will be sold by way of sale of land and development agreement which offers the purchaser significant stamp duty savings.

The development is located within the Freeway Business Park, North Precinct. This popular Industrial Precinct is strategically located at the northern end of the F3 Sydney Freeway at the intersection with the New England Highway. The Estate is currently under construction with earth and civil works in the advanced stages and completion is expected around mid 2013.

The Beresfield area is already home to many transport and logistics businesses due to also being located 20 minutes from Newcastle Port facilities, CBD and less than 10 minutes to the Pacific Highway at Hexham. Aldi have secured a 15 hectare site within the estate to construct a proposed major regional distribution facility.

Property ID: 500639171Last Updated: 16 Sep 2014

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Lot 103 Canavan Drive
Beresfield, NSW 2322
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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