75 Vincent Street Cessnock NSW 2325

Cushman & Wakefield are pleased to offer 75 Vincent Street, Cessnock For Sale by Public Auction on June 28.

The property has been occupied in excess of 25 years by one of the largest financial institutions in Australia - National Australia Bank (NAB)

Cessnock is a vibrant country town commonly referred to as the 'gateway' to wine country and is a hub for services and shopping. Cessnock has a population of over 55,000 and also welcomes up to 800,000 visitors annually.

Lease Profile:

• Renewed 5 year lease to 1 June 2021
• Options to 2031- (2 x 5 year options) added to lease this year by NAB
• New branch fit-out 2016
• Tenant pays 100% of all outgoings
• Net Income $104,954.24 pa (+GST)*

Building Profile:

• Freestanding double brick building, suspended concrete slab with metal deck roof above triple garage.
• Modern full width glass facade incorporating ATM
• Retail facility and offices completely refurbished in 2016
• Pedestrian footpath located to the right side of building linking Cessnock Market Village at the rear
• Security parking within building for 3 vehicles minimum
• Central main street exposure - ensuring high pedestrian traffic

75 Vincent Street, Cessnock will be sold by Public Auction on
Thursday 28th June 2018 at Cooley Auctions, Level 5, 1 Margaret Street, Sydney.

For a detailed property Information Memorandum contact selling agents Ryan Cross (0402 147 124) or Anthony Bray (0419 322 233).