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Belmont North

393 Pacific Highway, Belmont North, NSW, 2280

Property Description

The 4.0 hectare property is positioned on the east side of the Pacific Highway in a service/commercial locality of North Belmont, approximately 16 kilometres south of the Newcastle central business district. The land is zoned 'B4 Mixed Use' and 'B7 Business Park' which allows a relatively wide array of uses including supermarket, large format retail, child-care, medical, neighbourhood shops, office, hotel and multi-dwelling housing. Newcastle is one of two major coastal regional cities of New South Wales, situated approximately 170 kilometres north of Sydney. The Trust has entered into an arrangement with the New South Wales State Government for the recently vacated Belmont North property to be used as a COVID-19 mass vaccination centre for up to two years.

Land area

40,380 m²

The total GLA/retail area

12,640 m²

Total Property Cost

$12,472,314

Current valuation

$10,000,000

Annual Rent

$1,200,000

Property Location

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Safety and Wellbeing

Health, Safety and Environment Commitment

BWP Trust is committed to the health and safety of our employees, contractors and visitors, to acting ethically and operating its business in a sustainable manner with respect to the environment.

Commitment

Sustainability & Environment Princples

Trust's ownership and management of established commercial property is considered to be low in intensity in terms of emissions, waste, and use of energy and materials, and low impact on biodiversity.

Further detail on our Sustainability & Environmental impacts and management can be found here.

Sustainability Policy

Social

The social impacts of the Trust are limited due to the passive nature and localised scope of the Trust's operations and the regulated environment in which it operates.

Further detail on social impacts and risk management can be found here.

Governance Approach

The 2021 Corporate Governance Statement, explaining the corporate governance framework and practices that we have adopted as they relate to the responsible entity and the Trust.

Further detail on the Trust's Corporate Governance framework can be found here.

Corporate Governance Statement

Energy Efficiency Improvements

for year ended 30 June 2021

A further 12 air conditioning units were replaced to phase out ozone depleting refrigerant models and initiatives introduced to improve efficiency of air conditioning units. New non ozone depleting refrigerants were also retrofitted into larger air conditioning systems in one store owned by the Trust
New energy efficient LED lights were installed internally in eight stores during the year. As at 30 June 2021, 96 per cent of the Trust owned stores had LED lighting in one or more of the car park, nursery trading area, canopy trading area, or in the main store
Solar power generation was installed at three properties, bringing the total installations to 23
A Tesla Battery has been installed and continues to collect surplus energy from the solar installation which is used on site at one property

Water

91 per cent of the Trust-owned stores have in place water tanks for the recycling of roof collected rain water

Quick links

Location

Level 14 Brookfield Place,
Tower 2,
123 St Georges Terrace,
PERTH WA 6000

Speak to us today

Tel: +61 8 9327 4356
Facsimile: +61 8 9327 4344
Email: investorrelations@bwptrust.com.au

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