39b Munibung Road, Cardiff, NSW 2285

Knight Frank is delighted to present 39b Munibung Road, Cardiff to the market for sale via Public Auction. 

Positioned within Cardiff’s established industrial precinct, this rare freehold offers 12 months of secure income from an established Hunter boatbuilder. At the end of the term, the property can be delivered vacant to an owner-occupier or re-leased to a new tenant

Property Highlights

- 930 sqm* total building area
- 3,026 sqm* land area
- Functional warehouse and small office with amenities
- High-clearance industrial improvements with flexible operational layout
- 300-amp* power supply servicing the facility
- 15kW* solar system installed
- Approved DA in place for an additional detached steel-framed shed of approximately 216 sqm*
- Generous hardstand areas providing excellent vehicle manoeuvrability and outdoor storage capability
- On-site parking with easy truck and container access
- E4 General Industrial zoning
- 15 km* from Newcastle CBD
- Suitable for owner-occupiers, investors and businesses seeking expansion potential through the approved future development

 Investment Details

- Tenant: Bluewater Cruising Yachts Pty Ltd  
- Net Income: $153,000* per annum + GST
- 100% of outgoings paid by tenant
- Lease Term: 12-month leaseback from settlement
- Option to Renew: Nil

Tenant Profile
Bluewater Cruising Yachts is an Australian custom builder of fibreglass ocean-going cruising yachts, building one-off yachts to owners’ specifications and offering a lifetime structural warranty on each boat. Its yachts have completed ocean passages including Newcastle to Noumea.

The public auction will be held on Thursday, 17 December 2026 at 11:30am (AEDT) at Knight Frank Newcastle (Level 2, 168 Parry Street, Newcastle West).
To register for the auction, please enquire through our office. 

To arrange an inspection or for further information, please contact the Exclusive Knight Frank selling agents. 

*Approximate