For Sale

26 Wollombi Road, CESSNOCK 2325

  • Area460 sqm
  • Sale Price$775,000

LONG LEASE - CONVENIENCE STORE / SUPERMARKET / COFFEE

Highlights

  • Long Lease
  • Well Established Business

Description



Investment opportunity in high growth corridor, just 2km from Cessnock's CBD precinct. Business & Residence on the one 809m2 block.

- Returning $56,727pa + GST (Gross)
- Yield at 6.5% Nett
- 5 year + 5 year + 5 year lease from May 2019
- Well known and well established Convenience Store business operating from these premises
- Main road exposure for this business
- 11.5kw Solar System covering the shop & residence

- UPSIDE for this Site:-
- Zoned Residential R2 Low Density
- Major residential developments surround this site in a true growth area of Cessnock

- There's also a large double garage and double carport at the rear of the block

This unique property investment would suit the most discerning of investors / buyers. To obtain additional information & arrange your inspection, please call Four Walls Commercial Maitland Office on (02) 4910 0111 now!

Zoning R3 Medium Density Residential Council

Cessnock City Council

Tenure type

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Documents

Agents

Michael Maffey

Back To Top