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134 Vincent Street
Cessnock NSW 2325
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Sold on 13 May 2022

134 Vincent Street Cessnock NSW 2325

  • Other
  • 85 m²
  • Sold, $355,000

AMAZING 7.7% YIELD HERE!

    Auction Guide $360,000 circa 7.7% yield

    This is a boutique freehold commercial holding in the thriving Cessnock locality. Our existing and long established tenants still have another 6 years remaining on their lease instrument, 1 to go on the initial term and another 5 year option from 2023.
    The rental received is grossing at approximately $28,000 per annum and we see this as an amazing start to your investment portfolio to set and forget!
    Cessnock continues to be a fantastic Hunter Valley location to live and invest and with an entry level at this price its a must add to your list for consideration.

    Note Business Not For Sale

    Water Rates: $860 p.a recoverable

    Council Rates: $3,349 p.a recoverable

    All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

    AUCTION

    Auction date and time12/05/2022 17:30
    Auction locationLJ Hooker Maitland

    Property Highlights

    Date Sold13 May 2022
    Sold Price$355,000
    Floor Area85 m²
    Land Area135 m²
    ParkingAsk Agent
    Property ID2017748197
    Category
    Last updated  13 May 2022
    Map for 134 Vincent Street Cessnock NSW 2325

    Nearest transport* to 134 Vincent Street Cessnock NSW 2325

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    Property Highlights

    Date Sold13 May 2022
    Sold Price$355,000
    Floor Area85 m²
    Land Area135 m²
    ParkingAsk Agent
    Property ID2017748197
    Category
    Last updated  13 May 2022

    Co-Agents

    Todd Fisher
    LJ Hooker Maitland
    Call
    0438 592 920
    Ben Cotton
    LJ Hooker Maitland
    Call
    0434 638 822

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