9 & 11 Channel Road,
Mayfield West, NSW 2304

Warehouse, Factory & Industrial

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Industrial Investment Opportunity

7 + 7 + 7 year leaseback
Combined income $609,500 net pa
purchased in-one-line or separately

A prime grade investment opportunity to purchase two adjoining industrial facilities sold on a 7 + 7 + 7 year leaseback to Port Hunter Conveyors. The properties can be purchased separately or in-one-line. The property is positioned within Steel River Industrial Estate, 10 minutes* to the Newcastle CBD and the Port of Newcastle.

BUILDING AREA
9 Channel Road: 3,679 sqm*
11 Channel Road: 1,759 sqm*
Total: 5,438 sqm*

SITE AREA
9 Channel Road: 8,763 sqm*
11 Channel Road: 5,472 sqm*
Total Site area: 14,235 sqm*

INCOME
9 Channel Road: $397,500 net per annum*
11 Channel Road: $215,000 net per annum*

For Sale by Expressions of Interest closing Thursday 29 October 2020 at 4:00pm

*Approximately

Mayfield West, 2304 demographic data

The median household income for Mayfield West is $1,592, 11% higher than Regional New South Wales's household income of $1,434. Mayfield West has a younger age profile compared to the rest of Regional New South Wales (median age 34 vs 43). Property ownership data shows 58% of property owners in Mayfield West have a mortgage.

1,993

Population

$1,592 per week

Median household income

34 years

Median age

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