Overview of the Hudson Property
1. Western Land – ~23.6 ha on Sparks & Mountain Rd
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A: Long term net lease income of ~$962,000 p.a. (CPI indexed) on ~5.3 ha: ~10,314m2 warehouse and ~1,339m2 office leased to blue chip tenants
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B1, B2, B3: Remaining ~6.3 ha of IN1 zoned land proposed to be developed, in part or whole
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C: ‘Triangle’ area of 1.7 ha. Currently zoned E2. Approval obtained from Council to rezone to IN1
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D: ~10.5 ha Land Environmental Conservation (E2)
2. Lot 67 – ~21 ha on the eastern side of Mountain Road
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E:~5.1 hectares Industrial (IN1)
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F: ~7.1 hectares Water Management (SP2)
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G: ~8.7 hectares Environmental Conservation (E2)
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Discussions are underway with Council to rezone part of the E2 and SP2 land as IN1
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Potential 3 stage Industrial subdivision, subject to rezoning and regulatory approvals