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High Yielding Safe Investment

Located in the main-street of Cessnock CBD adjacent to the new Bunnings complex, this property is brand new:

• Positioned on approx 6,036m2 of land;
• Approximate building size of 1332m2;
• Additional concrete parking/hardstand of 2320m2;
• Leased for 10 years with two five year options;
• Only in first year of initial term;
• Initial rent of $260,000 plus GST plus outgoings, plus management
• Significant depreciation in extensively fitted-out building; and
• Showing over 8.5% return at asking price.

Additional information available upon request.

Inspection strictly by private appointment.

265 Vincent Street, Cessnock

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Contact Agent

Description
High Yielding Safe Investment

Located in the main-street of Cessnock CBD adjacent to the new Bunnings complex, this property is brand new:

• Positioned on approx 6,036m2 of land;
• Approximate building size of 1332m2;
• Additional concrete parking/hardstand of 2320m2;
• Leased for 10 years with two five year options;
• Only in first year of initial term;
• Initial rent of $260,000 plus GST plus outgoings, plus management
• Significant depreciation in extensively fitted-out building; and
• Showing over 8.5% return at asking price.

Additional information available upon request.

Inspection strictly by private appointment.

Agent Details
Cain Beckett

Director - Rural/Lifestyle & Commercial Sales

mobile 0458 282 824

office (02) 4991 4000

emailcainb@jurds.com.au

Agency Details
Jurd's Real Estate

location

Shop 3, 115 Vincent Street Cessnock NSW 2325

Key Details
property ID 335878
land size 6036m2
build size 1332m2
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