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Colliers - Newcastle

14 Advantage Avenue Morisset, NSW 2264

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14 Advantage Avenue,
Morisset, NSW 2264

Warehouse, Factory & Industrial

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Colliers - Newcastle
Sean Thomson
Gavin Bishop
Ben Curran

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
14 Advantage Avenue
Morisset, NSW 2264

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Logistics underpinned by global covenant

  • Leased to DHL Express
  • Net rental income $819,000 pa (plus GST)
  • Close proximity to M1 Pacific Motorway
Colliers are pleased to offer for sale 14 Advantage Avenue, Morisset (DHL Morisset), a state-of-the-art logistics facility 100% pre-leased to global logistics powerhouse DHL.

Underpinned by a 10 year lease and high quality logistics improvements, the offering generates the following captivating investment features:
- State-of-the-art and fully automated warehousing and distribution centre to comprise 3,129m²* of high quality GLA upon completion.
- Fully automated distribution centre with heavy duty hardstand of 7,019m²*.
- Secure net commencing income of $819,000* ($263/m²) per annum.

Highly sought-after growth market, with excellent access to major road infrastructure, including the Expressway Interchange, M1 Pacific Motorway and Mandalong Road.

For Sale by Expressions of Interest l For further information, please contact our experts.

*Approximate.

Property ID: 504329472Last Updated: 28 Sep 2023

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