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29 Station Street, Martins Creek, NSW, 2420
Martins Creek
Auction Location: 10 Newcomen Street, Newcastle
For Sale by Public Auction on 22 May 2024 at 11am
Martins Creek Quarry provides an opportunity to secure a hard rock quarry with long term extractive approvals in place. The 25 year lease for the site commenced 1 December 2012 and expires 30 November 2037 to a market leading civil construction company. Comprising seven lots, the land parcel is 127.28ha* with the remaining andesite in-situ resource estimated to be 51 million tonnes as at 2024.
The site's accessibility to major markets is a key feature, with its proximity to the Pacific Motorway and New England Highway providing easy connectivity to Sydney, Newcastle and the Hunter Valley. The site is also connected to the main North Coast Rail Line, which connects Sydney and Brisbane and is key freight line. Importantly, the site is improved by an operational dual line rail spur which enables efficient loading of material.
- Lease Term: 25 years
- Option Term: 10 years
- Initial Lease Expiry: 30 November 2037
- Expansive 127ha*
- Net Passing Income (as at 1 December 2023) $1,610,000*
*Approximately
Remember to mention you found this property on CommercialReady
Auction Location: 10 Newcomen Street, Newcastle
For Sale by Public Auction on 22 May 2024 at 11am
Martins Creek Quarry provides an opportunity to secure a hard rock quarry with long term extractive approvals in place. The 25 year lease for the site commenced 1 December 2012 and expires 30 November 2037 to a market leading civil construction company. Comprising seven lots, the land parcel is 127.28ha* with the remaining andesite in-situ resource estimated to be 51 million tonnes as at 2024.
The site's accessibility to major markets is a key feature, with its proximity to the Pacific Motorway and New England Highway providing easy connectivity to Sydney, Newcastle and the Hunter Valley. The site is also connected to the main North Coast Rail Line, which connects Sydney and Brisbane and is key freight line. Importantly, the site is improved by an operational dual line rail spur which enables efficient loading of material.
- Lease Term: 25 years
- Option Term: 10 years
- Initial Lease Expiry: 30 November 2037
- Expansive 127ha*
- Net Passing Income (as at 1 December 2023) $1,610,000*
*Approximately
Remember to mention you found this property on CommercialReady
29 Station Street, Martins Creek, NSW, 2420
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
