CURRENT BID $3,300,000 - 3 QUALIFIED BIDDERS!

The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact the Agent immediately to become qualified and avoid disappointment.

A strategically located, crane‑equipped industrial facility ideal for investors. Currently leased to Transport for NSW, the property offers immediate income with yearly increases!

Property Description

Two‑bay workshop configuration (both bays fitted with overhead cranes) with high clearance and large access door.

Two‑storey office block with well‑appointed administrative space

Full‑length support skillion/annex area.

Perfect for mid‑size manufacturing, repair and maintenance, or engineering operations

Key Features

16.5 t and 12.5 t cranes in the main bay

• 0 t crane in the second bay

5 jib cranes

Approximately 10 m eave height

Numerous three‑phase power outlets

Modern crib room and amenities

Large front sliding door plus secondary roller door

Rear and side roller doors for ventilation

Excellent natural light throughout

Carport for staff or loading support

Well‑appointed offices

Location

Situated just off the M1 Motorway and New England Highway, providing direct access to the city, mines, the north coast and the Hunter Valley. Zoned E4 General Industrial under Newcastle City Council, the area benefits from a large and growing local workforce.

Tenancy & Income

Current tenant: Transport for NSW (heritage timber bridge repair and replacement)

Brand new lease term: 01/09/2026 to 31/07/2031

Option: 1 x (3) Years

Current rent: $325,970 pa NET + OGs + GST

Investment Highlights

Income‑producing asset with long‑term tenant

High‑spec fitout with specialised crane infrastructure

Excellent highway access supports logistics and workforce catchment

Zoned for industrial use with robust local demand

For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact Steven Dick on 0400 000 947 or Nathan Hunter on 0414 406 163 immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.