OFF MARKET

9 Enterprise Drive
Tomago NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 1393m2
Land area: 3096m2
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Property Details for 9 Enterprise Dr, Tomago

Building Type
Commercial
Floor Size
1393m2
Land Size
3096m2
Local Government
Port Stephens
Lot/Plan
113/DP246855

Last Listing description (May 2017)

Net Income: $122,000pa (approx)
This multi-purpose industrial facility has had the same tenant since (2011) who has just committed to a new (3) year lease + (3) year option.
Located in the Tomago industrial area this is a true 24/7 manufacturing zone as all residential and rural activity is precluded due to the Tomago Aluminium Buffer Zone. Set part way back on the block the building has been designed to enable large transport to access through the (8) metre high x (6) wide doors at the front whilst having a small rear yard area.

The tenant Kinetic Manufacturing Pty Ltd - particularly likes this building due to the (10) tonne overhead crane, large power supply and the proximity to its raw material supplier One Steel. Kinetic have invested heavily in the building by installing a production line that manufactures 30% of Australia's star pickets.
The only reason this property has come to the market is due to the wind up of a deceased Estate.

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Property History for 9 Enterprise Dr, Tomago, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$1,120,000
23 Mar 2017
  • 23 Mar 2017
    Sold for $1,120,000
  • 16 Feb 2017
    Listed for Sale Auction: 10.00am 23rd March 2017
  • 09 May 1996
    Sold for $280,000
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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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