[h3]Industrial investment with 10 year WALE[/h3]
For Sale by Expressions of Interest closing Thursday 31 March 2022 at 4pm
Commercial Collective is pleased to present 12, 13 and 14 Martin Drive, Tomago, a prime grade industrial investment opportunity. Leased to Cougar Mining Group, the property offers an outstanding net income of $920,000* per annum plus GST over two sites. Positioned on adjoining sites, the facilities will be sold in-one-line, and offer a collection of new and refurbished buildings totaling 7,265sqm*, five new overhead cranes, new hardstand and solar set over a combined site area of 14,805sqm*.
Positioned mid-way along Martin Drive, the property offers great exposure within Tomago’s expanding industrial precinct. Located two minutes* from the Pacific Highway, seven minutes* from the New England Highway, 17 minutes* from Newcastle Airport and 30 minutes* from the Newcastle CBD, the property offers excellent connectivity and transport links.
- Total net income of $920,000* per annum plus GST
- New 10 year lease with two x five year options
- New buildings plus major upgrades
- To be sold in-one-line
- Excellent depreciation allowances
- Multi-functional facility with six overhead cranes
- New solar system
- Zoned IN1 General Industrial
*Approximately
This [url=https://www.commercialcollective.com.au/property/12-14-martin-drive-tomago-nsw-2322/]12-14 Martin Drive, Tomago NSW 2322[/url] appeared first on [url=https://www.commercialcollective.com.au/]Commercial Collective[/url].
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