7 Riverside Drive,
Mayfield West, NSW 2304

Auction Location: Commercial Collective HQ | 10 Newcomen Street, Newcastle

For sale by auction on Wednesday 17 December 2025 at 11am (online and in-room)

An outstanding opportunity to secure a modern industrial investment leased to Advitech (operating under Emergent Group), returning $398,000 net per annum + GST. The lease commenced 1 November 2025 for 3 years with a 3-year option, with the tenant responsible for 100% of outgoings, including management fees capped at 2.5% + GST of gross collections.

Constructed in 2010 by ATB Morton, the 1,772 sqm* facility features high-quality office, laboratory, and warehouse accommodation on a 4,693 sqm* site with 41 on-site car spaces. The layout includes a professional reception area, multiple offices, meeting and training rooms, laboratory space, and a 483 sqm* warehouse with mezzanine and three motorised roller doors. The property forms part of a Community Titled subdivision within the Steel River Estate.

Located in the Steel River Industrial Estate, just off the Industrial Highway, the property offers excellent access to Newcastle CBD (10 mins), Thornton, Beresfield, and the M1 Motorway. The estate is home to leading occupiers such as Australia Post and Amazon Flex, highlighting its low vacancy rates and strong tenant demand.

Key features:
- Leased to Advitech – secure industrial and laboratory operations
- Free-standing industrial facility in excellent condition
- Zoned E4 General Industrial
- Total building area: 1,772 sqm
- Generous 4,693 sqm site with 41 on-site car spaces

*Approximately