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121 Vincent Street Cessnock, NSW 2325

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121 Vincent Street,
Cessnock, NSW 2325

Shop & Retail • Offices

Price information

Sale

$1,399,000

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Return

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$86,621
Number of Tenants
2 Tenants
Tenants / Type
Retail

Map of 121 Vincent Street

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STRONG COMMERCIAL INVESTMENT IN HUNTER VALLEY WINE COUNTRY

  • Enjoy a rental return of 6% net
  • 2 brand new 5x5 leases
  • Total Nett Lettable Area of 381.45m2
What’s your superannuation doing? Rather than 1% or 2% for your money in the bank, why not buy a commercial investment property and enjoy a rental return of 6% net whilst enjoying the capital growth in Cessnock’s CBD.

Features include:
* Total combined income of $86,621.24 + GST + Outgoings.
(Outgoings include Council Rates circa $5,878.96 p.a, Water Rates circa $1,112.90 p.a. & Electricity)
* Two brand new 5x5 leases to long term secure tenants, commencing from 4th November, 2019
* Total Nett Lettable Area of 381.45m2
(214m2 Unit 1&2, 121 Vincent Street + 167.45m2 121A Vincent Street)
* Total land area of 405m2
* Character building
* Five private car parking spaces
* Kitchen facilities
* Basement storage
* Bank grade storage vault

Inspections by private appointment.

Property ID: 503405202Last Updated: 21 Mar 2020

0431 *** ***
121 Vincent Street
Cessnock, NSW 2325

Agency contacts

Jurd's Real Estate - Cessnock
Jurd's Real Estate - Cessnock
10 Allandale Road
CESSNOCK, NSW 2325
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Email enquiry

Dan Jurd

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Dan Jurd
Jurd's Real Estate - Cessnock
121 Vincent Street Cessnock, NSW 2325

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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