Warnervale Properties

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

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     (a) Western Land    $17.9 million
    (b) Eastern Land     $6.3 million