Auction Wednesday 8 December 2021 at 11am via online platform Auction Now
The 2,392sqm* site offers an affordable vacant block of land delivering a blank canvass with endless development opportunities (STCA). The property is located within an established industrial area and ready for occupation or development.
The property is situated within 30 minutes* of Newcastle CBD and 12 minutes* from Newcastle Airport at Williamtown within the highly sought after Tomago industrial area.
With access to Tomago Road, Campbell Street and Equipment Lane, the corner position of the lot will provide regular exposure to passing traffic.
Key features of land:
- Total site area of 2,392sqm*
- Three street frontages
- Zoned IN1 General Industrial
- Development potential (STCA)
- Power and water services connected to the site
- Easy connectivity to Newcastle CBD and Newcastle Airport
*Approximately and outline indicative only
Highlights:
* Site area 2,392sqm*
* Three street frontages
* Zoned IN1 General Industrial
The size of Tomago is approximately 39.3 square kilometres. There are 6 parks, covering nearly 47.2% of the total area. The population of Tomago in 2016 was 277 people. By 2021 the population was 269 showing a population decline of 2.9% in the area during that time. The predominant age group in Tomago is 60-69 years. Households in Tomago are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tomago work in a labourer occupation.In 2021, 65.40% of the homes in Tomago were owner-occupied compared with 58.50% in 2016.
Tomago has 562 properties. Over the last 5 years, Houses in Tomago have seen a 38.18% increase in median value. As at 31 May 2026:
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