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100 Wollombi Road
Cessnock NSW 2325
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Sold on 23 Jan 2017

100 Wollombi Road Cessnock NSW 2325

  • Shop & Retail
  • 431 m²
  • Sold, $730,000

Healthy Mixed Business Commercial Building Opportunity

Located in a prominent position on one of Cessnock arterial roads, this multi-tenant commercial property offers the opportunity to diversify your income stream.

The property is situated on 2725m2 block sharing the common property with Strata 5 (bottles shop not included in the sale). Offered for sale is the main centre consisting of 4 strata tiles and dividing into 8 shops, with 3 shops currently vacant and available for lease.

The property currently nets a healthy return of $71,284 p/a gross plus GST with the potential to expand with outgoings on the property being approximately $34,400 p/a.

Shops are currently leased to the following businesses:
• Leonie’s Seafood & Burgers
• Cessnock Grooming
• Darby’s Pies
• Adventure Bike Specialists
• Hair Cellar

Don’t miss this opportunity to invest in a multi-tenant commercial building in the growing city of Cessnock.

For more information, please call James Matthews on 0402 773 476.

Property Highlights

Date Sold23 Jan 2017
Sold Price$730,000
Floor Area431 m²
Land Area2,725 m²
Parking32 x Onsite parkings
Property ID2012994112
Category
Last updated  27 Jan 2017
Map for 100 Wollombi Road Cessnock NSW 2325

Nearest transport* to 100 Wollombi Road Cessnock NSW 2325

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Property Highlights

Date Sold23 Jan 2017
Sold Price$730,000
Floor Area431 m²
Land Area2,725 m²
Parking32 x Onsite parkings
Property ID2012994112
Category
Last updated  27 Jan 2017
51a Vincent Street Cessnock NSW 2325
Ray White Cessnock
Ray White Cessnock

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