40 Industrial Drive

Mayfield East NSW 2304

2381 m²

Land

Currently for sale - view listing

Overview

Blue Chip Holding for Acquisition

Mulligan Property Group have been appointed for the marketing and Freehold Sale of 40 Industrial Drive, 'United Petroleum'. Prominent Land Holding some 2,381m2 with 110m fronting major artillery road. Recently internal upgrades complete with prominent and Popular 'Pie Face' adjoining United while offering kitchens, offices and open plan retail floor space. High clearance, impressive concrete hardstand area's and 7 fuel bowsers. Located on Industrial Road with passing traffic some 37,000 per day* (government assessment) Lease Particulars: Lease to United Petroleum commenced November 2020. Term 10 years Further terms 3 x 5 years totaling 15 years to 2045. Lessee responsible for payment of all outgoings Currently passing rent of $359,139.00 plus GST Upcoming increase in November 2026. Location: 10 minutes to Newcastle CBD 5 minutes to Kooragang island offering major through way to Newcastle International Airport and Mid North Coast 5 minutes to Maitland Road to the Hunter Valley Regions An excellent strategic purchase opportunity to acquire a value add long term asset located on the major access way to the City of Newcastle. Contact Jesse Mulligan for the Information Memorandum Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.