A property at 135 Bulls Garden Road, Gateshead which was partly occupied by Fox Mining has been sold by Byrne Tran and Jayson Robertson from Colliers International on behalf of Receivers and Managers, Grant Thornton.

The property sold for $2.75 million following an Expressions of Interest campaign. The eventual purchaser was a local investor who plans to refurbish the existing improvements totalling around 5,389 sqm.

The property is now being offered for lease through Colliers International and various size office, warehouse and workshop accommodation next to TLE Electrical.

A lot of approximately 1500 sqm has been sold in the Freeway North Business Park at Beresfield.

The land is conveniently located at the end of the M1, providing easy access to Sydney and highway linkage to Newcastle. It is also in proximity to the Hunter Expressway, offering easy access to Cessnock and the Upper Hunter.

Paul Tilden from Raine & Horne Commercial negotiated the deal.

Tony Cant Commercial recently sold a major warehouse in Kurri Kurri at auction for $2,450,000. This property was purchased to allow the owner/occupier to manage a Terex distributorship close to a major transport hub. The Hunter Expressway is only 3 minutes away

The property included:

• Clear Span warehouse area

• ample office space / training rooms / amenities

• 7 metre eave height

• roller doors at each end of the building

• excellent truck access

• loading bay

• airconditioned offices and warehouse area

• fully fenced and secure site

• plenty of parking for the staff

The property had a land area of 2.42 ha with a building area of 6,141 sqm.

A small industrial unit has been sold at Unit 11, 56 Industrial Drive, Mayfield for $222,500 + GST.

Only minutes from the Newcastle CBD and the Port, it includes ground first floor offices with air-conditioning, small rear yard, rear roller door access to warehouse and easy vehicular access into the complex. The warehouse area is approximately 132 sqm.

The sale was though Paul Tilden at Raine & Horne Commercial Newcastle.