Industrial investment with 10 year WALE
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
This 12-14 Martin Drive, Tomago NSW 2322
appeared first on Commercial Collective