8 Kestrel Avenue,
Thornton, NSW 2322
Warehouse, Factory & Industrial • Offices
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Commercial Collective - NEWCASTLE
10 Newcomen StreetNEWCASTLE, NSW 2300
0422 302 6...
8 Kestrel Avenue
Thornton, NSW 2322
Map of 8 Kestrel Avenue
Multi tenanted investment
Positioned in one of Newcastle's most prominent industrial estates, the property offers a substantial investment opportunity with long term leases to two quality tenants.
The property comprises of two industrial workshops totalling 8,235sqm* and constructed on a site of 4.37hectares*.
Building 1: 9 year lease to Armorgalv
New Office: 236sqm*
Existing workshop: 2,208sqm*
Workshop Extension: 720sqm*
Total: 3,164sqm*
Building 2: 7.5 year lease to Reinforced Concrete Pipes Australia
Office area: 373sqm*
Workshop with crane: 1,010sqm*
High clearance warehouse: 1,799sqm*
Lower clearance warehouse: 1,476sqm*
Annex area: 413sqm*
Total: 5,071sqm*
Additional property features:
- Combined total rental income $1,041,769.78* net per annum + GST
- Popular investment location
- Two quality tenants
- Potential for long term development upside
The property is located approximately 30 kilometres west of the Newcastle CBD and the Port of Newcastle. The estate provides easy access to the New England Highway, the M1 Pacific Motorway and the Pacific Highway, all of which are located approximately 5 minutes from the property.
*Approximately and outline indicative only
The property comprises of two industrial workshops totalling 8,235sqm* and constructed on a site of 4.37hectares*.
Building 1: 9 year lease to Armorgalv
New Office: 236sqm*
Existing workshop: 2,208sqm*
Workshop Extension: 720sqm*
Total: 3,164sqm*
Building 2: 7.5 year lease to Reinforced Concrete Pipes Australia
Office area: 373sqm*
Workshop with crane: 1,010sqm*
High clearance warehouse: 1,799sqm*
Lower clearance warehouse: 1,476sqm*
Annex area: 413sqm*
Total: 5,071sqm*
Additional property features:
- Combined total rental income $1,041,769.78* net per annum + GST
- Popular investment location
- Two quality tenants
- Potential for long term development upside
The property is located approximately 30 kilometres west of the Newcastle CBD and the Port of Newcastle. The estate provides easy access to the New England Highway, the M1 Pacific Motorway and the Pacific Highway, all of which are located approximately 5 minutes from the property.
*Approximately and outline indicative only
Property ID: 503335258Last Updated: 9 Nov 2023
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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