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210 Wollombi Road Cessnock, NSW 2325

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210 Wollombi Road,
Cessnock, NSW 2325

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Brand New Service Station Investment. Long Lease Until 2031 Plus 5 + 5 Year Options.

Brand new service station investment opened June 2016.
Leased to 7 Eleven on 15 year lease expiring June 2031 plus options to 2041.
Busy CBD location at the gateway to the Hunter Valley wineries.
Surrounded by major retailers including Coles, Woolworth, ALDI, IGA, KFC & McDonald's.
Tenant pays all outgoings excl. land tax, as per lease.
Attractive annual rent increases of 4% pa.
Only weeks old; full depreciation benefits available.
Net Income: $305,000 pa + GST.

Cessnock, 2325 demographic data

The median household income for Cessnock is $1,192, 17% lower than Regional New South Wales's household income of $1,434. Cessnock has a younger age profile compared to the rest of Regional New South Wales (median age 40 vs 43). Property ownership data shows 46% of property owners in Cessnock have a mortgage.

16,300
Population
$1,192 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
02 9232 62...
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210 Wollombi Road
Cessnock, NSW 2325
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

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