Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

1339 & 1349 Wollombi Road, Millfield, NSW 2325

+32 Photos

1339 & 1349 Wollombi Road, Millfield, NSW 2325

Millfield

×
Sold Check
+34 Photos

1339 & 1349 Wollombi Road, Millfield, NSW 2325

Millfield

SOLD
1339 & 1349 Wollombi Road, Millfield, NSW 2325

1339 & 1349 Wollombi Road, Millfield, NSW 2325

Properties / Sold / New South Wales / Millfield
Development Potential
Property Type
Residential, Industrial
Sub Type
Land Site
Land Area
32,828 m² (*approx)
Zoning
RU2 - Rural Landscape
LGA
Cessnock City Council
Selling Method
Auction: Auction
Auction Date
27 Jun 2024 10:00AM
Show All
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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1339 & 1349 Wollombi Road Development Site Summary

Property Type
Residential, Industrial
Sub-type
Land Site
Land Area
32,828 m² (*approx)
RU2 - Rural Landscape
Cessnock City Council
Selling method
Auction: Auction
Auction Date
27 Jun 2024 10:00AM

Development Site Highlights

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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

1339 & 1349 Wollombi Road, Millfield, NSW 2325

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: new south wales
Indicative rate for new south wales. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO new south wales for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 1339 & 1349 Wollombi Road, Millfield, NSW 2325

One moment please.

Retrieving map...

Due Diligence

Developments and amenities within a 5km radius of this Residential opportunity at 1339 & 1349 Wollombi Road, Millfield, NSW 2325.

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
1339 & 1349 Wollombi Road, Millfield, NSW 2325 Millfield
Explore other suburbs in this area
Explore other suburbs in this area