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LONG LEASE - CONVENIENCE STORE / SUPERMARKET / COFFEE

26 Wollombi Road, CESSNOCK NSW, 2325

For Sale

Property for Sale in 26 Wollombi Road, CESSNOCK NSW, 2325

Four Walls Commercial

Shop 2, 335 Wharf Road, Newcastle, NSW 2300

Listing ID:
11348424
Status:
Active
For:
Sale
Price:
$775,000
Last Updated:
10/06/2020
Icon building

Property Type

Retail
Icon square

Land Area

N/A
Icon size

Floor Area

460 SQM
Icon parking

Parking

10

LONG LEASE - CONVENIENCE STORE / SUPERMARKET / COFFEE

Investment opportunity in high growth corridor, just 2km from Cessnock's CBD precinct. Business & Residence on the one 809m2 block.

- Returning $56,727pa + GST (Gross).
- Yield at 6.5% Nett.
- 5 year + 5 year + 5 year lease from May 2019
- Well known and well established Convenience Store business operating from these premises.
- Main road exposure for this business
- 11.5kw Solar System covering the shop & residence

- UPSIDE for this Site:-
- Zoned Residential R2 Low Density
- Major residential developments surround this site in a true growth area of Cessnock

- There's also a large double garage and double carport at the rear of the block

This unique property investment would suit the most discerning of investors / buyers. To obtain additional information & arrange your inspection, please call Four Walls Commercial Maitland Office on (02) 4910 0111 now!

For more details, please email agent

Four Walls Commercial

Shop 2, 335 Wharf Road, Newcastle, NSW 2300


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