Located in Cessnock CBD, this rare commercial property is in excellent condition, has a long-term tenant and has excellent potential of lifting the returns in the near future.
• Approximately 2,400m2 of land;
• Approximately 1,000m2 of warehouse and shopfront;
• Approximately 600m2 of hardstand; and
• Zoned B4 Mixed Use.
Currently tenanted to a long-term tenant at $52,000 plus GST plus outgoings, this is well below the current market rent for the property. The current lease expires December 2017 and tenant has option to renew for another three years.
Inspection by private appointment.
AUCTION: In rooms, 3/115 Vincent Street, Cessnock
Thursday, 13th July 2017 at 6pm (if not sold prior)