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Newcastle's Premier Commercial Real Estate Agency
Auction Date: November 18, 2026
Auction Location: Commercial Collective, 10 Newcomen Street, Newcastle, 2300
For Sale by Auction on Wednesday 18th November 2026 at 10.30am.
Commercial Collective HQ | 10 Newcomen Street, Newcastle (in room and online)
87 Glenwood Drive, Thornton offers investors and owner-occupiers a 690sqm* industrial facility on a 1,602sqm* site with 30m* frontage to Glenwood Drive. The property is leased to Contract Haulage Australia until 22 December 2026 with a one year option, providing holding income of approximately $61,760* net per annum plus GST. It can be retained as one larger facility or split into two units with separate amenities and meters, suiting an owner-occupier seeking to occupy half and lease half.
The building features four motorised roller doors measuring 5m* wide by 5m* high, eave height of 6.2m* and ridge height of 7.3m*, 100 AMPS three phase power, and ducted and split system air conditioning. Hardstand, a shower, private amenities and kitchenettes complete a functional offering. Zoned E3 Productivity Support, the property is well positioned within Thornton's established industrial precinct.
Property Key Features
- 690sqm* building on a 1,602sqm* site with 30m* frontage to Glenwood Drive
- E3 Productivity Support zoning
- Can be retained as one facility or split into two units
- Four motorised roller doors (5m* wide x 5m* high)
- Eave height of 6.2m* and ridge height of 7.3m*
- 100-amp three-phase power
- Ducted and split-system air-conditioning
- Kitchenettes, lunchroom, shower and amenities
- On-site hardstand parking and vehicle manoeuvring area
- Leased to Contract Haulage Australia until 22 December 2026, with a one-year option
*Approximately
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