New 5 Year Net Lease to 2030 + Option

Fixed 3% Annual Rent Increases

Tenant pays 100% of outgoings

MOVABLE and CBRE are pleased to offer to the market Unit 1, 11 Templar Place, Bennetts Green (Newcastle) NSW, a tightly held industrial and logistics investment leased to Airmaster (Daikin), for sale by Investment Portfolio Auction #186.

The property has the following key investment highlights:

+ New 5 year net lease to 2030 plus 1 further 5 year option to 2035

+ Airmaster: wholly owned by Daikin Australia, subsidiary of Tokyo listed Daikin Industries Ltd (TSE:6367), world's largest HVAC manufacturer

+ Compounding fixed 3% annual rent increases ensuring strong growth

+ Purpose-built 575sqm* warehouse & office facility with a dedicated mezzanine level and 10 car spaces on title

+ Strategically positioned near the Pacific Highway, a key Newcastle arterial, surrounded by national retailers including Bunnings, Harvey Norman, McDonald's & KFC

+ Tenant pays 100% of outgoings including Land Tax & Strata Levies

+ Bennetts Green: thriving industrial hub in the Lake Macquarie region, greater population of 221,000, 20 minutes* to Newcastle CBD

+ Net Income: $103,000 pa* + GST

To be sold via Investment Portfolio Auction 10:30am AEST Tuesday 4th of August 2026 at the Sydney Opera House.

Please contact the exclusively appointed sales team for more information.

*Approximate