Warners Bay is an established premium residential suburb located on the northern shores of Lake Macquarie approximately 12kms south west of Newcastle CBD and 110kms north of Sydney. Anchored by a high preforming full line Coles supermarket.

Ganellen Asset Plan:
- Delivered a modern refurbishment to the major tenant Coles, including the introduction of their liquor branch and Lease renewal.
- Replaced poor performing tenants with strong covenants. Including the introduction of a new Coles Liquorland.
- Significantly reduced outgoings expenditure