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1/363 Hillsborough Road
Warners Bay NSW 2282
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Sold on 13 Jul 2023

1/363 Hillsborough Road Warners Bay NSW 2282

  • Showrooms / Bulky Goods
  • 689 m²
  • Sold

INVESTMENT - State of the Art Building

    When Hempel International the 100 year old Dutch company purchased Wattyl Paints they acquired a 100 year old Australian company that gave them a position in the Australian domestic market. That was just (2) years ago.
    Today Hempel (Wattyl) Australia Pty Ltd occupy this state of the art paint showroom warehouse.

    Set in the busy Warners Bay Home Maker and Home Improvement Precinct Wattyl benefit from high exposure, easy access and great car parking. On the acquisition by Hempel new leases were signed with the current (5) year lease expiring in July 2026 with a (5) year option.

    Extension into the option period of the lease can almost be assured due to the design of the building that separates the warehouse from the showroom through (4) hour fire rated walls, (2) hour fire rated ceiling, sophisticated extraction systems, and a bunded floor that can hold 20,000 litres of paint.

    The owners are reluctantly having to sell this prize property to reshape their business and have placed it For Sale by Openn Negotiation .

    MOVABLE - Commercial
    MOVABLE - Commercial
    92-94 Darby Street
    Newcastle, NSW 2300

    Property Highlights

    Date Sold13 Jul 2023
    Floor Area689 m²
    Land Area722 m²
    ParkingAsk Agent
    Property ID2018574034
    Category
    Last updated  13 Jul 2023
    Map for 1/363 Hillsborough Road Warners Bay NSW 2282

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    MOVABLE - Commercial
    MOVABLE - Commercial
    92-94 Darby Street
    Newcastle, NSW 2300

    Property Highlights

    Date Sold13 Jul 2023
    Floor Area689 m²
    Land Area722 m²
    ParkingAsk Agent
    Property ID2018574034
    Category
    Last updated  13 Jul 2023

    Listed by

    Steve Dick
    MOVABLE - Commercial
    Call
    0400 000 947

    More about 1/363 Hillsborough Road Warners Bay NSW 2282

    1/363 Hillsborough Road Warners Bay NSW 2282 is categorized as Showroom & Bulky Goods Property. It has a floor area of 689 m² and a land area of 722 m². The listing ID for this property is 2018574034.

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