Colliers Newcastle in Conjunction with McGrath Upper Hunter are excited by the opportunity to present to market Lot 1 Hunter Street, Muswellbrook under instruction from its Receivers and Managers Appointed, KordaMentha.
More commonly known as the former Oak Factory, the subject property presents a unique opportunity to acquire a substantial 9.608 hectare* industrial and warehousing facility with multiple outcomes available for occupiers to utilise. In addition to the existing industrial/warehouse improvements, the site offers surplus R1 General Residential zoned land which allows for uses including residential subdivision and seniors housing (STCA).
The current improvements and infrastructure are suitable for the production and bottling of various beverages with two bottling lines, evaporation and refrigeration plant, water treatment plant and gas boiler. In addition, there is an existing DA in place for the installation of a water treatment and recycling plant.
For Sale by Expressions of Interest | Closing Friday 15 September 2023 at 4.00pm (AEST).
*Approximate
The size of Muswellbrook is approximately 262.4 square kilometres. It has 29 parks covering nearly 0.9% of total area. The population of Muswellbrook in 2011 was 11,790 people. By 2016 the population was 12,088 showing a population growth of 2.5% in the area during that time. The predominant age group in Muswellbrook is 0-9 years. Households in Muswellbrook are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Muswellbrook work in a trades occupation. In 2011, 59.3% of the homes in Muswellbrook were owner-occupied compared with 54.4% in 2016.
Muswellbrook has 6,941 properties. Over the last 5 years, Houses in Muswellbrook have seen a 91.86% increase in median value, while Units have seen a 40.15% increase. As at 31 July 2024:
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