SOLD
Sold on 22 Mar 2024 for $20,500,000

393 Pacific Highway
Belmont North NSW 2280

Bedrooms: -
Bathrooms: -
Car spaces: 290
Floor area: 12640m2
Land area: 40380m2
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Property Details for 393 Pacific Hwy, Belmont North

Building Type
Commercial
Floor Size
12640m2
Land Size
40380m2
Local Government
Lake Macquarie
Lot/Plan
101/DP1021186

Last Listing description (August 2023)

Knight Frank are pleased to present 393 Pacific Highway, Belmont North to the market For Lease by way of Expressions of Interest.

The property comprises the former "Bunnings Warehouse" building, a functional and modern 12,820 sqm* facility erected upon an expansive 40,517 sqm* site. The offering benefits from flexible zoning controls allowing for a wide range of uses including large format retail, showroom, low impact industry, service industry, warehousing, outdoor sales, automotive, self-storage, medical and last mile logistics (STCA).

Key features of the property include:

- 12,820 sqm* modern building, featuring substantial clear span warehouse and secure yard
- Large trade area totalling 360,000* people
- On-site parking for 290* vehicles
- Excellent connectivity to the M1 Pacific Motorway, Sydney & Newcastle via the Pacific Highway
- Flexible MU1 Mixed Use & E3 Productivity Support zoning
- Adjacent to complimentary retailers Hungry Jacks, Chemist Outlet, Ampol & Kennards Hire

For more information, please contact the exclusive leasing agents.

*Approximate

Property History for 393 Pacific Hwy, Belmont North, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$20,500,000
22 Mar 2024
Listed for Rent
$850k/w
03 Aug 2023
  • 22 Mar 2024
    Sold for $20,500,000
  • 16 Jun 2023
    Listed for Rent - Price not available
  • 12 Feb 2016
    Listed for Sale by EOI. Closing 4pm (AEDT) Wed 16 Mar 2016
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About Belmont North 2280

The size of Belmont North is approximately 3.7 square kilometres. It has 15 parks covering nearly 8.3% of total area. The population of Belmont North in 2011 was 6,479 people. By 2016 the population was 6,324 showing a population decline of 2.4% in the area during that time. The predominant age group in Belmont North is 40-49 years. Households in Belmont North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont North work in a trades occupation. In 2011, 75.3% of the homes in Belmont North were owner-occupied compared with 77.8% in 2016.

Belmont North has 2,599 properties. Over the last 5 years, Houses in Belmont North have seen a 65.53% increase in median value, while Units have seen a 55.32% increase. As at 31 October 2024:

  • The median value for Houses in Belmont North is $893,793 while the median value for Units is $672,899.
  • Houses have a median rent of $625 while Units have a median rent of $455.
There are currently 20 properties listed for sale, and 1 property listed for rent in Belmont north on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Belmont north.

Suburb Insights for Belmont North 2280

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.