One of the last available level, cleared and serviced blocks of land in Heatherbrae's Camfield Drive provides a rare opportunity, according to Jayson Robertson.
Mr Robertson, of Colliers International, is marketing the block of around 3673 square metres backing on to the Pacific Highway at 39 Camfield Drive.
It is located approximately 30 minutes from the Newcastle CBD and is zoned IN1 General Industrial.
"It's a good location, in that leisure district," Mr Robertson said. "And, of that size on Camfield Drive, they're all gone. It is one of the last remaining currently available."
The property is surrounded by businesses including Jayco, Newcastle Caravans & RV's, Ezytrail Campers, JB Caravans, The Caravan and RV Mega Centre, and Stoney Creek Campers.
It is for sale for $810,000 (plus GST).
Investors eye fast food assets
A highly sought-after food and beverage asset in Cessnock has attracted investor interest ahead of its auction at Burgess Rawson's Flagship Portfolio Auction this month.
The dual occupancy fast food investment is tenanted to well-established eateries Oporto, on a renewed 12-year lease, and Zambrero, on a new 10-year lease.
The large 2423 square metre trophy asset has a net income of $307,359 per annum plus GST and has undergone significant refurbishments, offering valuable depreciation allowances.
According to Burgess Rawson selling agent Michael Gilbert, enquiry has been strong for the Cessnock property.
"Astute investors are chomping at the bit to add this high-trading food and beverage asset to their investment portfolio," Mr Gilbert said. "With popular household-name tenants signed on secure leases, annual three per cent rental increases and a prime location in the growing Hunter Valley region, you can see why."
Burgess Rawson are also marketing the site of Taree's KFC. It has a 10-year lease in place to 2024 plus options to 2039.
Meanwhile, Ren Property's David Podmorehas his former office premises at 1/166 Hannell Street in Wickham for sale by auction.
It is being sold with vacant possession and features include reception, meeting rooms, offices, amenities and on-site parking.