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!