Thornton Commercial Precinct Proves Popular!

Commercial property continues to produce strong enquiry as shown at Thornton’s newest precinct.

7 Poynton Place Thornton developed by Avalon Holdings is located just a short 5 minute drive from Maitland’s new Private Hospital, close to Greenhills Shopping Centre and a 30 minute drive to Newcastle Airport and the Port of Newcastle.

Alan Tonks MOVABLE’s selling and leasing agent said “The latest transactions have resulted in leasing rates of $240/sqm net per annum, which is up from just $225/sqm 24 months earlier and sales are being achieved at a solid $4,400/sqm.”

7 Poynton Place is made up of 11 commercial buildings featuring air conditioning with suspended acoustic grid ceilings, LED lighting and commercial grade floor coverings. The complex has 200 car parking spaces onsite.

The area includes two of the Hunters largest business parks with over 6,000 workers – Beresfield and Thornton industrial estates.

The estate is 400 metres north of the M1 and John Renshaw Drive intersection and enjoys great visibility from the adjacent New England Highway.

With anchor tenant Genesis Fitness and other quality surrounding tenants including Power Earth, Achieve Financial, Yarrum Homes, Chemist Outlet, Providence and Alloggio, this precinct is really thriving.

Currently there are just two offices remaining for lease;

Unit C1: $161,100 + OGs + GST pa | 543m2 | 16 car spaces | $296.68/sqm

Unit B2: $138,000 + OGS + GST pa | 490m2 | 14 car spaces | $281.63/sqm

For further details call Alan Tonks 0474 744 422