14 Advantage Avenue

Morisset NSW 2264

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Sold on 1 Sep 2023

14 Advantage Avenue Morisset NSW 2264

Factory, Warehouse & Industrial
3,129 m²
Sold

Logistics underpinned by global covenant

Leased to DHL Express
Net rental income $819,000 pa (plus GST)
Close proximity to M1 Pacific Motorway

Colliers are pleased to offer for sale 14 Advantage Avenue, Morisset (DHL Morisset), a state-of-the-art logistics facility 100% pre-leased to global logistics powerhouse DHL.

Underpinned by a 10 year lease and high quality logistics improvements, the offering generates the following captivating investment features:
- State-of-the-art and fully automated warehousing and distribution centre to comprise 3,129m²* of high quality GLA upon completion.
- Fully automated distribution centre with heavy duty hardstand of 7,019m²*.
- Secure net commencing income of $819,000* ($263/m²) per annum.

Highly sought-after growth market, with excellent access to major road infrastructure, including the Expressway Interchange, M1 Pacific Motorway and Mandalong Road.

For Sale by Expressions of Interest l For further information, please contact our experts.

*Approximate.

EXPRESSION OF INTEREST

Closing date and time	15/06/2023 12:00
Recipient name	Ask Agent
Delivery address	Ground Floor, 18 Honeysuckle Drive, Newcastle

Colliers Newcastle

Ground Floor, 18 Honeysuckle Drive

Newcastle, NSW 2300

Property Highlights

Date Sold	1 Sep 2023
Floor Area	3,129 m²
Land Area	1.13 ha
Parking	Ask Agent
Property ID	2018544611
Category	Factory, Warehouse & Industrial
Last updated	28 Sep 2023

Map for 14 Advantage Avenue Morisset NSW 2264

Nearest transport* to 14 Advantage Avenue Morisset NSW 2264

Bus

Train

Tram

Ferry

Gateway Bvd At Alliance Av	191 m
Wyee Rd After Dora St	909 m
Mandalong Rd Opp Kerry Anderson Dr	1.1 km
Mandalong Rd Before Kerry Anderson Dr	1.1 km

*Within a 4km radius

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Colliers Newcastle

Ground Floor, 18 Honeysuckle Drive

Newcastle, NSW 2300

Property Highlights

Date Sold	1 Sep 2023
Floor Area	3,129 m²
Land Area	1.13 ha
Parking	Ask Agent
Property ID	2018544611
Category	Factory, Warehouse & Industrial
Last updated	28 Sep 2023

Co-Agents

Colliers Newcastle

Colliers Newcastle

Colliers Newcastle

More about 14 Advantage Avenue Morisset NSW 2264

14 Advantage Avenue Morisset NSW 2264 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 3,129 m² and a land area of 1.13 ha. The listing ID for this property is 2018544611.