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35 Station Street Weston NSW 2326

  • Shop & Retail
  • 394 m²
  • For Sale, Price by Negotiation

Commercial & Residential in 1 (Dual income) in the Heart of Weston CBD

    Weston: located in the Cessnock LGA, an integral part of the Hunter Region.
    Weston is situated approximately 2 kilometres west of Kurri Kurri, 13 kilometres east of Cessnock (not far from Hunter Valley Wineries), 11 kilometres south of Maitland, 40 kilometres north-west of Newcastle and 120 kilometres north-west of Sydney.

    Located in one of the main streets of Weston CBD is this brick and iron roof (New roof replaced in 2017) building with great exposure to passing vehicles and pedestrian traffic. There is both rear and side lane access to the property.

    Zoning: B2 Local Centre

    Great size retail shop down stairs with responsible tenants.
    Ample size 3 bedroom apartment upstairs with balcony (renovated in 2017) with great tenant.

    Shop Floor Space (Approx 280sqm),
    Apartment Floor Space (Including covered balcony) (Approx 114sqm),
    Approx Total Floor Space 394sqm.

    Shop currently leased until 30th Nov 2022 (Tenants want to stay and are happy to enter into new lease agreement now or wait till end of current lease).
    Apartment currently leased.

    Approx gross return $41,860 p.a (+ GST Shop only) + Outgoings (Shop pays)..
    Approx 5.98% gross return (Based on $700,000 sales price).

    *Potential for greater rental returns for both Apartment and Shop going off comparisons for the area (Please do your own research).

    Shop tenant pays the following outgoings;
    100% Council rates,100% Insurance, 100% Water Rates and 50% Water Usage. Landlord pays 50% of the water usage as there is only 1 water meter to the property.

    Inspections by appointment only.
    *(To be fair and respectful of all parties involved, inspection times and dates will be arranged with potential qualified buyers).

    Cessnock City Council Local planning framework (PDF file) for Weston Commercial Centre Masterplan, The strategy incorporates the community's aspirations for the future and outlines a vision, directions and actions for land use planning and development to 2036. Available on request.

    The Phone Code for this property is: 78957. Please quote this number when phoning or texting.

    Disclaimer:

    Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

    Property Highlights

    Floor Area394 m²
    Land Area316 m²
    Parking2 x Onsite parkings
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017848191
    Category
    Last updated  10 Aug 2022
    Map for 35 Station Street Weston NSW 2326

    Property Highlights

    Floor Area394 m²
    Land Area316 m²
    Parking2 x Onsite parkings
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017848191
    Category
    Last updated  10 Aug 2022
    Suite 1 19 William Street Balaclava VIC 3183
    For Sale By Owner (Commercial)
    For Sale By Owner (Commercial)
    For Sale By Owner Australia

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