12 Martin Drive, Tomago, NSW 2322 | Property Value & History | OnTheHouse
 
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12 Martin Drive
Tomago NSW 2322

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4058m2
Land area: 12560m2
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Property Details for 12 Martin Dr, Tomago

Building Type
Commercial
Floor Size
4058m2
Land Size
12560m2
Local Government
Port Stephens

Last Listing description (July 2022)

For Sale by Expressions of Interest closing Thursday 31 March 2022 at 4pm

Commercial Collective is pleased to present 12, 13 and 14 Martin Drive, Tomago, a prime grade industrial investment opportunity. Leased to Cougar Mining Group, the property offers an outstanding net income of $920,000* per annum plus GST over two sites. Positioned on adjoining sites, the facilities will be sold in-one-line, and offer a collection of new and refurbished buildings totaling 7,265sqm*, five new overhead cranes, new hardstand and solar set over a combined site area of 14,805sqm*.

Positioned mid-way along Martin Drive, the property offers great exposure within Tomago's expanding industrial precinct. Located two minutes* from the Pacific Highway, seven minutes* from the New England Highway, 17 minutes* from Newcastle Airport and 30 minutes* from the Newcastle CBD, the property offers excellent connectivity and transport links.

- Total net income of $920,000* per annum plus GST
- New 10 year lease with two x five year options
- New buildings plus major upgrades
- To be sold in-one-line
- Excellent depreciation allowances
- Multi-functional facility with six overhead cranes
- New solar system
- Zoned IN1 General Industrial

*Approximately

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Property History for 12 Martin Dr, Tomago, NSW 2322

A timeline of how this property has performed in the market
Last Sold
$1,300,000
24 Nov 1994
  • 03 Mar 2022
    Listed for Sale Expressions of Interest
  • 24 Nov 1994
    Sold for $1,300,000
  • 24 Nov 1994
    Sold for $1,300,000
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About Tomago 2322

The size of Tomago is approximately 39.3 square kilometres. It has 6 parks covering nearly 47.2% of 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 561 properties. Over the last 5 years, Houses in Tomago have seen a 37.92% increase in median value. As at 31 December 2025:

  • The median value for Houses in Tomago is $618,603 while the median value for Units is $420,945.
There are currently 1 property listed for sale, and 1 property listed for rent in Tomago on OnTheHouse. According to Cotality's data, 22 properties were sold in the past 12 months in Tomago.

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