Premium corporate facility with expansion potential hits the market
Mayfield West, NSW, January 2025 – A premium industrial facility in Mayfield West’s Industrial Estate is now available for purchase or lease. Situated at 5 Steel River Boulevard, this property presents a rare opportunity in a market characterised by low vacancy rates, strong demand, and rising land values. Currently leased to Kookaburra Education Resources Pty Ltd, the award-winning site is positioned for a new owner-occupier, investor, or developer.
Kookaburra Education Resources, one of Australia’s largest wholesale educational suppliers, is planning to relocate. This transition unlocks exceptional opportunities for a business or investor to purchase or lease this 3,875sqm* office and warehouse facility, supported by approved plans for a 2,900sqm* warehouse extension that offers substantial growth or rental income potential.
Positioned on the high-exposure corner of Steel River Boulevard and Murray Dwyer Circuit, the property benefits from excellent visibility and direct access to Industrial Drive, a major arterial route connecting Newcastle’s CBD to regional transport networks. Designed by EJE Architects, award-winner of the 2018 Master Builders Award, 5 Steel River Boulevard seamlessly blends modern industrial aesthetics with practicality, featuring two levels of premium office space, expansive warehouse areas, and dual driveway access for seamless logistics operations.
The warehouse has an impressive 8-metre eave clearance, drive-through access, five roller doors, and an automated level loading dock, ensuring optimal efficiency for warehousing and production activities. Complementing the warehouse is a premium office environment, including a modern café-style kitchen, multiple private meeting rooms, and large storerooms, creating a complete professional workspace.
“Mayfield West Industrial Estate is one of Newcastle’s most sought-after industrial precincts, driven by its strategic location and access to key transport networks. With demand for industrial space outpacing supply in the area, properties like this are rarely available and highly contested,” said Byrne Tran, Partner and Head of Sales & Leasing at Commercial Collective.
“This property is truly unique in its combination of award-winning design, premium office finishes, and available land in an area where land is scarce,” added Jared Harris, Director at Commercial Collective. “It’s an unparalleled opportunity for owner-occupiers or investors to secure growth potential in one of Newcastle’s most competitive industrial markets.”
With long-term depreciation benefits and a prime location, this asset presents a compelling opportunity for investors and owner-occupiers alike. Expressions of Interest for 5 Steel River Boulevard closes Thursday, March 27th, 2025. Click here to learn more.
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