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Sold on 18 Aug 2020

16-20 Allandale Road Cessnock NSW 2325

  • Shop & Retail
  • 420 m²
  • Sold

Trophy Fast Food Investment - 1st Years Rent Paid in Advance

    For Sale by Private Treaty

    Premium Fast Food Investment in Prime Location
    Renewed 12 Year Lease to Oporto
    New 10 Year Lease to Zambrero
    Rare dual tenanted fast food investment
    Annual 3% rent increases
    + Busy main road location opposite high trading McDonalds and close to KFC, 7-Eleven etc.
    + Strategic 2,423 sqm land parcel
    + Drive-thru Oporto, always busy
    + Direct head office leases, secure and stable income, no franchisees to worry about
    + Just refurbished valuable depreciation allowances
    + Cessnock: strong & growing Lower Hunter Valley town
    Net Income: $307,359 pa + GST

    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Property Highlights

    Property ID2016119059
    Date Sold18 Aug 2020
    Floor Area420 m²
    Land Area2,423 m²
    ParkingAsk Agent
    Category
    Last updated  20 Aug 2020
    Map for 16-20 Allandale Road Cessnock NSW 2325
    Map for 16-20 Allandale Road Cessnock NSW 232516-20 Allandale Road Cessnock NSW 2325
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Property Highlights

    Property ID2016119059
    Date Sold18 Aug 2020
    Floor Area420 m²
    Land Area2,423 m²
    ParkingAsk Agent
    Category
    Last updated  20 Aug 2020
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Michael Gilbert
    Burgess Rawson Sydney
    Michael Gilbert
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney
    Rhys Parker
    Burgess Rawson Sydney

    Ask Michael Gilbert about this property

    Michael Gilbert

    Michael Gilbert

    Burgess Rawson Sydney

    Rhys Parker

    Rhys Parker

    Burgess Rawson Sydney

    0430 *** ***
    0430 024 790

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