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Cessnock, NSW 2325

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Dominant & Strong Trading Neighbourhood Shopping Centre Investment - For Sale

Cessnock Plaza, Hunter Region NSW

- Exceptionally trading neighbourhood shopping complex featuring a strong trading full line Woolworth's supermarket plus 16 specialty tenants & 3 ATMS providing a total GLA of 5,614 sqm*

- Secure long term lease to Woolworths Limited (initial expiry 2026) providing 72%* of the total GLA & 53%* of the total income

- Servicing a large & established main trade area of 53,760 persons growing strongly at 2.1% p.a* to reach 70,400 by 2026 & featuring a complimentary demographic profile including higher than average household income levels & young traditional families (Source: MacroPlan Dimasi)

- Hunter Valley region is a major tourist/ trade destination & in 2011 received over 2.3 million domestic overnight, 116,000 international & 5.3 million domestic day trip visitors

*Approx.

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

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