OFF MARKET

28 Kennington Drive
Tomago NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 830m2
Land area: 3836m2
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Property Details for 28 Kennington Dr, Tomago

Building Type
Commercial
Floor Size
830m2
Land Size
3836m2
Local Government
Port Stephens
Lot/Plan
51/DP270494

Last Listing description (September 2017)

Four Walls Commercial is proud to bring 28 Kennington Drive Tomago to the market for sale by private treaty.
Due for completion in April 2017, the sites represent an excellent opportunity for investors - particularly those with an interest in future development to secure a sound industrial investment with room to expand.
The property is comprised of a concrete panel & clad industrial building with a 700m2 footprint on 3836m2 level land.

Mezzanine storage above the office/showroom component of the building adds approx. 130m2 to the gross building area.
In addition to approx. 1000m2 concrete hardstand - with wash bay, the balance of the land is dressed in road base for the storage and display of plant, machines and equipment.
The site enjoys an approx. 87 meter frontage to Kennington Drive which not only allows ease of access for heavy vehicles but provides potential for a further 800m2 building to be constructed along the eastern boundary - subject to council approval.
New 5 year lease with a commencing rental of $98,727pa Net

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Property History for 28 Kennington Dr, Tomago, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$1,250,000
11 Jul 2017
  • 11 Jul 2017
    Sold for $1,250,000
  • 06 Jul 2017
    Listed for Sale Not Disclosed
  • 10 Mar 2017
    Listed for Sale Not Disclosed
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About Tomago 2322

The size of Tomago is approximately 39.3 square kilometres. It has 6 parks covering nearly 47.2% of total area. The population of Tomago in 2011 was 272 people. By 2016 the population was 282 showing a population growth of 3.7% in the area during that time. The predominant age group in Tomago is 60-69 years. Households in Tomago are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Tomago work in a machinery operators and drivers occupation. In 2011, 50% of the homes in Tomago were owner-occupied compared with 58.5% in 2016..

Tomago has 538 properties. Over the last 5 years, Houses in Tomago have seen a 33.85% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tomago is $833,221 while the median value for Units is $441,842.
There are currently 2 properties listed for sale, and 1 property listed for rent in Tomago on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Tomago.

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