Property Details
Cameron Park, NSW
Purchased
Off Market
Purchase Price
$980,000
Client Details
Investor
Asset Class
Industrial
Property Details
Costi Cohen has secured this fully leased industrial asset on behalf of a repeat client marking their second acquisition with us. Acquired on a 6.03% net yield, the property is leased to Gulf Western Premium Quality Lubricating Oil (Australia) Pty Ltd and forms part of the tightly held Cameron Park industrial precinct.
Positioned within one of the Hunter Region’s key industrial and logistics hubs, the asset benefits from direct access to the M1 Motorway and connectivity to the Port of Newcastle and Newcastle Airport. National occupiers including Australia Post, Ampcontrol, Hyne Timber and AusSteel reinforce the precinct’s position as a key freight and distribution hub.
The investment is further supported by the proposed Newcastle Link Road and Minmi Road interchange upgrade, a major infrastructure project expected to improve connectivity and accommodate continued growth across the broader Cameron Park corridor.