8 Balook Drive, BERESFIELD NSW 2322
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- Industrial / Warehouse
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- 0 x Onsite parking
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- 25 Jul 2016
Trophy Investment with Blue Chip Tenant
- Sale Price: Offers over $13,800,000
- Acquire one of the most impressive industrial facilities in New South Wales.
- Positioned in Newcastle’s premier industrial precinct at the northern end of the M1 Sydney Motorway and centrally positioned to the Newcastle Port facilities and mining areas of the Hunter Valley. The property comprises Valley Longwall International’s headquarters for Australia and the Asia Pacific region, termed the “Centre of Excellence”, and is arguably one of the best industrial facilities in the Newcastle Region.
- Security of a long term lease to Valley Longwall International, a subsidiary of TZ Coal Mining Machinery Company (TMG), a major manufacturer of mining equipment from the People's Republic of China.
- The property features approximately 2,756sqm of superbly presented corporate style office space and approximately 5,292sqm of first class engineering workshops. Featuring 2 x 20 ton & 2 x 12.5 ton overhead cranes.
- Building area of 8,048sqm (approx).
- Site area of 18,820sqm (approx).
- Lease expiring October 2022
- Net income of $1,144,890 per annum.
- Co-Agent - Robert Tappouras - 0413 942 044 - (LJ Hooker)
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
8 Balook Drive BERESFIELD