99 Wollombi Road,
Cessnock, NSW 2325
Shops & Retail
Key property information
Land area
Floor area
Car spaces
Tenure type
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Map of 99 Wollombi Road
Commercial Opportunity Delivering Exceptional Returns
A brilliant opportunity to purchase a low-maintenance retail investment in a prime position and high-growth corridor, just 2km from Cessnock's thriving CBD. Presenting an ideal purchase with three shopfronts currently tenanted to a hairdresser, remedial masseuse and pet food store, now is the time to lock in a substantial commercial space with instant returns and excellent exposure. Located in the buzz of Cessnock West's village hub with a pedestrian crossing at the front and ample parking, it promises great returns and minimal outgoings.
- A well-established Multi-Lease, High Cash Flow Property with exceptional returns
- Returning $56,038 (Gross), $48,784.44 (Net), GST not applicable – equating to yield at 7.23% (Gross), 6.29% (Net)
- Land size 809.43 m² and property dimensions of 20.12 m x 40.23m
- Main road exposure with 20m frontage on flourishing Wollombi Road
- Rapidly growing area with high demand for retail services
- Close to a collection of shops including a Caltex, Post Office, chemist and schools, assuring plenty of passing pedestrian and vehicle traffic
- Fully leased to three well-established longstanding tenants with a strong history of trade and tenure at the location
- Ample on-site car parking
- Perfect opportunity to buy a commercial asset under SMSF
- Low outgoings
- A unique property investment suited to the most discerning investor/buyers.
- A well-established Multi-Lease, High Cash Flow Property with exceptional returns
- Returning $56,038 (Gross), $48,784.44 (Net), GST not applicable – equating to yield at 7.23% (Gross), 6.29% (Net)
- Land size 809.43 m² and property dimensions of 20.12 m x 40.23m
- Main road exposure with 20m frontage on flourishing Wollombi Road
- Rapidly growing area with high demand for retail services
- Close to a collection of shops including a Caltex, Post Office, chemist and schools, assuring plenty of passing pedestrian and vehicle traffic
- Fully leased to three well-established longstanding tenants with a strong history of trade and tenure at the location
- Ample on-site car parking
- Perfect opportunity to buy a commercial asset under SMSF
- Low outgoings
- A unique property investment suited to the most discerning investor/buyers.
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
99 Wollombi Road
Cessnock, NSW 2325
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CHARLESTOWN, NSW 2290
CHARLESTOWN, NSW 2290
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