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Land/Development in Millfield
3.2HA* LAND w/ RESIDENCE AND TIMBER MILL (ADMINISTRATORS APPOINTED)
- Building: 1m²
- Land: 3.2828 ha (8.11 acres)
Ray White Commercial (SC), under instructions from administrators, is pleased to present to the market 1339-1349 Wollombi Road, Millfield. The property will be offered for sale via Auction.
Situated on a substantial corner block, this property benefits from an extensive street frontage of 260.90 sqm* along the main arterial Wollombi Road connecting regional suburbs within the Cessnock Local Government Area (LGA).
The property encompasses a combined land area of 3.28 hectares*, featuring a vacant timber mill operation and a tenanted residential home. The timber mill comprises a large format open plan industrial shed, demountable offices and associated timber mill machinery.
Additional highlights of the asset include:
- Combined Site Area - 3.28 hectares*
- Zoned: RU2 - Rural Landscape
- Current design layout for a timber mill operation
- Strategically positioned on a large corner block
- High exposure along the main arterial Wollombi Road
- Ample street frontage of 260.90 sqm* along Wollombi Road
- Residential home currently returns $350 per week
- 13.8km* from Cessnock
- 62km* from Newcastle
- 154km* from Sydney CBD
- MUST BE SOLD
The property is offered for sale via Auction on Thursday, 27th June 2024 at 10:00am (AEST). The Auction will be held at Ray White Head Office, Level 7, 44 Martin Place, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
*Approximately
1m²
3.2828 ha / 8.11 acres
RU2 - Rural Landscape
Vacant
Land/Development, Industrial/Warehouse, Commercial Farming