45 Pacific HighwayBennetts Green NSW 2290
Property Details for 45 Pacific Hwy, Bennetts Green
Last Listing description (October 2023)
Knight Frank are excited to present an exceptional and exceedingly rare opportunity to acquire prime industrial land in a thriving retail precinct, boasting extensive frontage along the Pacific Highway.
This is an opportunity to acquire six (6) adjoining lots separately or in-one-line, positioned directly opposite the new Bennetts Green Homemaker Centre, featuring substantial improvements, three street frontages and a potential short term or long lease back opportunity.
Key Features:
- Major retailers in the precinct include Bunnings, Harvey Norman, Spotlight, Anaconda, Harris Scarfe, BCF and McDonalds
- Strategically located with excellent access to the Pacific Highway, the Newcastle Inner City Bypass and arterial roads linking Newcastle CBD, the M1 Pacific Motorway and surrounding suburbs
- Zoned E4 General Industrial, allowing for a broad range of uses
- Potential short term or long-term leaseback to Australian Motor Homes and Caravans, the largest RV retailer in Australian, successfully trading since 1997
- Scarcity-driven demand for industrial land with limited new supply pipeline in the Hunter Region
- Subdivision and re-development opportunities STCA, with the potential to subdivide in stages or as a whole, unlocking additional value while benefiting from substantial holding income
- Substantial improvements including freestanding showrooms, warehouses/workshops, high bay awnings, highway fronting display yards and substantial hardstand
For sale as separate lots or in-one-line by Expressions of Interest closing Thursday, 5 October at 4pm (AEDT).
For more information, please contact Brent Sinclair 0407 027 277.
*Approximately
Property History for 45 Pacific Hwy, Bennetts Green, NSW 2290
- 08 Jan 2024Sold for $24,107,767
- 31 Aug 2023Listed for Sale Contact Agent
- 18 Aug 2014Sold for $3,600,000
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About Bennetts Green 2290
The size of Bennetts Green is approximately 3.5 square kilometres. It has 2 parks covering nearly 3.1% of total area. The population of Bennetts Green in 2011 was 3,119 people. By 2016 the population was 10 showing a population decline of 99.7% in the area during that time. The predominant age group in Bennetts Green is 60-69 years. Households in Bennetts Green are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bennetts Green work in a community and personal service occupation. In 2006, 45.7% of the homes in Bennetts Green were owner-occupied compared with 81.7% in 2011..
Bennetts Green has 316 properties. As at 31 October 2024:
- The median value for Houses in Bennetts Green is $788,345 while the median value for Units is $688,644.
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