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214 Wollombi Road
Cessnock NSW 2325
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Sold on 4 Aug 2016

214 Wollombi Road Cessnock NSW 2325

  • Shop & Retail
  • Sold, $4,850,000

Brand New Service Station Investment. Long Lease Until 2031 Plus 5 + 5 Year Options.

Brand new service station investment opened June 2016.
Leased to 7 Eleven on 15 year lease expiring June 2031 plus options to 2041.
Busy CBD location at the gateway to the Hunter Valley wineries.
Surrounded by major retailers including Coles, Woolworth, ALDI, IGA, KFC & McDonald's.
Tenant pays all outgoings excl. land tax, as per lease.
Attractive annual rent increases of 4% pa.
Only weeks old; full depreciation benefits available.
Net Income: $305,000 pa + GST.

Property Highlights

Date Sold4 Aug 2016
Sold Price$4,850,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012908335
Category
Last updated  19 Aug 2016
Map for 214 Wollombi Road Cessnock NSW 2325

Nearest transport* to 214 Wollombi Road Cessnock NSW 2325

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Property Highlights

Date Sold4 Aug 2016
Sold Price$4,850,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012908335
Category
Last updated  19 Aug 2016
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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