9 & 11 Channel Road Mayfield West NSW 2304

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

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