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28 Kennington Drive Tomago, NSW 2322

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28 Kennington Drive,
Tomago, NSW 2322

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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Industrial Investment - now under construction

Four Walls Commercial is proud to bring 28 Kennington Drive Tomago to the market for sale by private treaty.

Due for completion in April 2017, the sites represent an excellent opportunity for investors - particularly those with an interest in future development to secure a sound industrial investment with room to expand.

The property is comprised of a concrete panel & clad industrial building with a 700m2 footprint on 3836m2 level land.

Mezzanine storage above the office/showroom component of the building adds approx. 130m2 to the gross building area.

In addition to approx. 1000m2 concrete hardstand - with wash bay, the balance of the land is dressed in road base for the storage and display of plant, machines and equipment.

The site enjoys an approx. 87 meter frontage to Kennington Drive which not only allows ease of access for heavy vehicles but provides potential for a further 800m2 building to be constructed along the eastern boundary - subject to council approval.

New 5 year lease with a commencing rental of $98,727pa Net

Tomago, 2322 demographic data

The median household income for Tomago is $788, 45% lower than Regional New South Wales's household income of $1,434. Tomago has an older age profile compared to the rest of Regional New South Wales (median age 60 vs 43). Property ownership data shows 12% of property owners in Tomago have a mortgage.

269
Population
$788 per week
Median household income
60 years
Median age
Owners
Most residents
Singles
Most households
02 4910 01...
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28 Kennington Drive
Tomago, NSW 2322
Four Walls Commercial - Newcastle
Suite 3/10 Bradford Close
KOTARA, NSW 2289

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