3.2HA* LAND w/ RESIDENCE AND TIMBER MILL (ADMINISTRATORS APPOINTED)

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

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