This outstanding property is located at the entry at one of the leading industrial estates in the Newcastle Region and has been recently leased to Blackwoods. Blackwoods is Australia's leading provider of industrial supplies and is the largest operating unit of Wesfarmers Industrial and Safety. The property features a trade showroom, modern offices, covered rear loading area and separate drive entries for customers and deliveries and has recently undergone a complete upgrade to meet current BCA standards. This represents a rare opportunity for investors to secure an asset in a prime industrial precinct, leased to a national industrial supplies company backed by Wesfarmers.
- Leased to Blackwoods - A Wesfarmers Company
- New five year lease
The size of Sandgate is approximately 3.0 square kilometres. It has 5 parks covering nearly 46.5% of total area. The population of Sandgate in 2016 was 305 people. By 2021 the population was 276 showing a population decline of 9.5% in the area during that time. The predominant age group in Sandgate is 80-89 years. Households in Sandgate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandgate work in a trades occupation.In 2021, 42.60% of the homes in Sandgate were owner-occupied compared with 44.50% in 2016.
Sandgate has 316 properties. Over the last 5 years, Houses in Sandgate have seen a 55.04% increase in median value. As at 30 April 2026:
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