Located on Jura Street and positioned within the established Heatherbrae industrial area in NSW, Australia this cold storage/warehouse facility is approximately 17km to the Port of Newcastle & 20km to Newcastle City.
Knight Frank are please to present this 3,899 sqm* freestanding investment in the growing Industrial suburb of Heatherbrae via Expressions of Interest.
Conveniently positioned off the Pacific Highway M1 and centrally positioned to Newcastle's CBD and the lower Hunter region. With tenants such as Bunnings, Kennards Hire, Tradelink, Jayco, Sulo, Sandvik and more Heatherbrae is home to many major companies.
With a new 2 year lease to DSI Underground this cold storage compatible logistics facility is ideal for the savvy investor or potential owner occupier.
- 3,899 sqm* building area
- 1.183 Ha* site
- 2 year lease to DSI with $450,000 net income
- IN1 zoning
- High clearance warehousing 9 metres to the eaves
- Freezer and chiller areas as well as large ambient warehousing area.
- Tieman levelling docks to the refrigerated loading docks and one which gives access to the dry dock
For sale via Expressions of Interest closing Friday 2 July at 3pm (AEST).
*Approximately
The size of Heatherbrae is approximately 12.6 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Heatherbrae in 2011 was 492 people. By 2016 the population was 503 showing a population growth of 2.2% in the area during that time. The predominant age group in Heatherbrae is 60-69 years. Households in Heatherbrae are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Heatherbrae work in a trades occupation. In 2011, 59.6% of the homes in Heatherbrae were owner-occupied compared with 36.4% in 2016.
Heatherbrae has 594 properties. Over the last 5 years, Houses in Heatherbrae have seen a 62.66% increase in median value, while Units have seen a 29.89% increase. As at 31 December 2024:
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