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134 Vincent Street, CESSNOCK NSW
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134 Vincent Street, CESSNOCK NSW

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134 Vincent Street, CESSNOCK

Sold For $355,000

Floor Area 85m²
Land Area 135m²
2

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For Sale

Sold For $355,000

Property Details

Property Type
Other

Retail

Land 135m²

Floor 85m²

Parking 2

AMAZING 7.7% YIELD HERE!

Auction Guide $360,000 circa 7.7% yield

This is a boutique freehold commercial holding in the thriving Cessnock locality. Our existing and long established tenants still have another 6 years remaining on their lease instrument, 1 to go on the initial term and another 5 year option from 2023.
The rental received is grossing at approximately $28,000 per annum and we see this as an amazing start to your investment portfolio to set and forget!
Cessnock continues to be a fantastic Hunter Valley location to live and invest and with an entry level at this price its a must add to your list for consideration.

Note Business Not For Sale

Water Rates: $860 p.a recoverable

Council Rates: $3,349 p.a recoverable

All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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  • Property ID 1AFJF6H

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For Sale

Sold For $355,000

Property Details

Property Type
Other

Retail

Land 135m²

Floor 85m²

Parking 2

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Todd Fisher

Principal/Licensee in Charge

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Ben Cotton

Licensed Real Estate Agent & Auctioneer

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