1/2 Technology PlaceWilliamtown NSW 2318
Property Details for 1/2 Technology Pl, Williamtown
Last Listing description (August 2023)
Williamtown Aerospace Centre (WAC) comprises a leading edge Defence industry cluster at the heart of the RAAF Base Williamtown - Newcastle Airport precinct. The superbly located office and light industrial development incorporates six freestanding buildings. Global Defence primes Boeing, Lockheed Martin and Raytheon anchor the complex, which is fully leased by a diverse mix of tenancies, many of which collaborate on Defence contracts.
Situated at the entrance to Newcastle Airport, the asset offers a healthy passing income underpinned by unrivalled covenants, with various value-add opportunities.
The property is being offered For Sale by Expressions of Interest closing Friday 18 August 2023 at 4:00pm (AEST).
*Approximate
Property History for 1/2 Technology Pl, Williamtown, NSW 2318
- 25 Jul 2023Listed for Sale Please contact agent
- 29 Jul 2022Listed for Rent - Price not available
- 29 Jan 2021Listed for Sale Expressions of Interest closing 11 March at 4pm
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About Williamtown 2318
The size of Williamtown is approximately 45.2 square kilometres. It has 7 parks covering nearly 23.6% of total area. The population of Williamtown in 2011 was 875 people. By 2016 the population was 864 showing a population decline of 1.3% in the area during that time. The predominant age group in Williamtown is 20-29 years. Households in Williamtown are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Williamtown work in a community and personal service occupation. In 2011, 83% of the homes in Williamtown were owner-occupied compared with 81.9% in 2016.
Williamtown has 456 properties. Over the last 5 years, Houses in Williamtown have seen a 74.00% increase in median value, while Units have seen a -12.91% decrease. As at 31 October 2024:
- The median value for Houses in Williamtown is $1,219,376 while the median value for Units is $293,039.
- Houses have a median rent of $400.
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