Overview of location
Approximately 44.5 hectares of land, the Warnervale Property is situated within the Wyong Employment Zone and developing Industrial locality of Warnervale on the NSW Central Coast; within close proximity to the F3 Freeway and within close proximity to developing residential estates in the Lake Macquarie and Wyong localities.
Warnervale is predominantly rural/residential locality and is 1 of the 5 major industrial precincts in the NSW Central Coast and is situated adjacent to the M1 Motorway at the Sparks Road interchange.
The location of the Warnervale properties is ideal for facilitating transport, freight, warehousing, logistics and manufacturing due to excellent transport links as it is one of a small number of locations which can accommodate B-Double truck movements.
Property Investment Information
Current zoning of the Warnervale property is part IN1 General Industrial; SP2 Infrastructure and E2 Environmental Conservation
The Company intends to explore development opportunities for the Surplus land.
Valuation of $24.2 million
(a) Western Land $17.9 million
(b) Eastern Land $6.3 million