523 Cabbage Tree Road Williamtown NSW 2318

21.76 ha industrial-residential parcel | bushfire overlay active | 30 mins Newcastle, 5 mins airport | suited to strategic holding or light industrial use. This property offers a rare combination of scale and location—over 21 hectares with an existing industrial building, positioned minutes from Newcastle Airport and within reach of both the city and Nelson Bay. For a buyer seeking a substantial holding with immediate utility, the 270m² warehouse with roller doors and mezzanine provides functional space while the land itself carries long-term repositioning potential. The absence of flood or heritage overlays simplifies due diligence, and 5G coverage supports operational connectivity. It best serves a buyer with a medium-term horizon who can absorb the bushfire overlay as a manageable condition, rather than a deal-breaker. The bushfire risk overlay is the primary constraint, imposing higher construction standards and limiting subdivision or intensive residential use without significant mitigation costs. This effectively caps the property’s value for a pure residential buyer and narrows the market to those with industrial or strategic land-holding intentions. The conflicting building sizes (270m² versus 150m²) suggest partial site improvements, so a physical inspection is essential to confirm usable area. The rental yield is low and unreliable, making income-hold strategies unattractive. For a buyer, the commercial logic is to acquire at a price that reflects the overlay’s discount, hold for airport-related demand growth, and use the existing building for light industrial or storage in the interim.