5 Charlton Avenue
Cessnock NSW 2325
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Sold on 16 Sep 2014
5 Charlton Avenue Cessnock NSW 2325
- Hotel, Motel, Pub & Leisure
- Sold, $2,600,000
The Reject Shop: 7 + 5 Year Lease. ASX Listed Tenant.
Renewed 7 year lease + 5 year option.
ASX listed tenant, $618m turnover.
Adjacent to Coles, Woolworths and Target.
Modern, high profile 687 sqm* store.
Next to the main council car park.
Dominant trader in town.
Substantial depreciation benefits.
Annual 4% rent increases.
Net Income: $218,366 pa + GST.
Auction 2pm Tues 16 Sept, 50 Margaret St
AUCTION
| Auction date and time | 16/09/2014 14:00 |
|---|---|
| Auction location | Mezzanine Level |
Property Highlights
| Date Sold | 16 Sep 2014 |
|---|---|
| Sold Price | $2,600,000 |
| Property ID | 2011376016 |
| Category | |
| Last updated | 16 Sep 2014 |
Map for 5 Charlton Avenue Cessnock NSW 2325
Nearest transport* to 5 Charlton Avenue Cessnock NSW 2325
Property Highlights
| Date Sold | 16 Sep 2014 |
|---|---|
| Sold Price | $2,600,000 |
| Property ID | 2011376016 |
| Category | |
| Last updated | 16 Sep 2014 |
Listed by
Darren Beehag
Burgess Rawson Sydney
More about 5 Charlton Avenue Cessnock NSW 2325
5 Charlton Avenue Cessnock NSW 2325 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2011376016.
