Unit 1, 59 Mustang Drive, Rutherford, NSW 2320

Auction Location: Commercial Collective, 10 Newcomen Street, Newcastle, 2300

For Sale by Auction on Wednesday 21st October 2026 at 10.30am.
Commercial Collective HQ | 10 Newcomen Street, Newcastle (in room and online)

A tenanted industrial investment is offered for sale by auction at Unit 1, 59 Mustang Drive, Rutherford, delivering $133,928 net pa + GST from a long-standing tenant with 10 years of unbroken tenure. The lease provides 3 years remaining on the current term plus a 5-year option at market review, with annual increases of 3% or CPI (whichever is greater) and the tenant meeting 100% of outgoings. This lease structure removes cost exposure from the landlord and delivers reliable, compounding income growth in one of the Hunter Region's most active industrial corridors.

The property comprises 970.6sqm* of total building area within a small three-lot strata complex, including a 571.5sqm* warehouse with 6m* eave clearance, three electric roller doors at 4.2m* wide x 4.8m* high (each with an awning over), a 203.6sqm* fitted office with reception, multiple private offices, lunchroom, toilets and change rooms, and a 130.5sqm* mezzanine. Full-height concrete panel construction, 160-amp 3-phase power, ducted air-conditioning, LED lighting throughout and a recently repainted roof over foil insulation support the tenancy at a high operational standard. Zoned E3 Productivity Support under Maitland LEP 2011, the property sits within the tightly held Mustang Drive precinct with direct access to the New England Highway, Hunter Expressway (M15) and M1 Pacific Motorway.

Property Key Features
- 970.6sqm* total building area across warehouse, office and mezzanine, plus 65sqm* of awning coverage
- 571.5sqm* warehouse with 6m* eave clearance and full-height concrete panel construction
- 203.6sqm* office fitted out with reception, multiple private offices, lunchroom, toilets and change rooms
- 130.5sqm* mezzanine providing additional storage or administrative capacity
- Three electric roller doors at 4.2m* wide x 4.8m* high, each with an awning over
- 160-amp 3-phase power servicing the tenancy
- Ducted air-conditioning to office and LED lighting throughout
- Recently repainted roof over foil insulation supporting operational comfort
- Small three-lot strata complex delivering operational independence and minimal common area congestion
- Excellent truck manoeuvrability and generous on-site parking
- Zoned E3 Productivity Support under Maitland LEP 2011
- Leased to Premier Fitness and Martial Arts Centre with 10 years of unbroken tenure
- $133,928 net pa + GST with 3% or CPI annual increases and 100% outgoings recovery

*Approximately