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WOW 9.0% NETT RETURN!

Where else can you get such an outstanding return whilst minimising the risk with multiple tenancies? This is an excellent, well-maintained building in a prominent corner location with multiple tenancies, making this a great investment.
In light of current interest rates and movements in the share market, bricks and mortar is more than ever seen as a worthwhile vehicle for investment. This Torrens title commercial site consists of a total land area of 898sqm with a large brick commercial building covering approximately 658sqm.
The building has internal access to 6 secure car spaces underneath plus 2 floors of commercial/office space. Fully let, there are 3 tenants in occupation and combined, provide an income of $96 000 annually.
There are kitchenette and toilet facilities available for all tenancies and there is plenty of curbside parking available. Disabled access is available to the ground floor areas. Just minutes to Hunter Valley Wine Country and approx.45 mins to Newcastle.

5 Edward Street, Cessnock

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Contact Agent

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Description
WOW 9.0% NETT RETURN!

Where else can you get such an outstanding return whilst minimising the risk with multiple tenancies? This is an excellent, well-maintained building in a prominent corner location with multiple tenancies, making this a great investment.
In light of current interest rates and movements in the share market, bricks and mortar is more than ever seen as a worthwhile vehicle for investment. This Torrens title commercial site consists of a total land area of 898sqm with a large brick commercial building covering approximately 658sqm.
The building has internal access to 6 secure car spaces underneath plus 2 floors of commercial/office space. Fully let, there are 3 tenants in occupation and combined, provide an income of $96 000 annually.
There are kitchenette and toilet facilities available for all tenancies and there is plenty of curbside parking available. Disabled access is available to the ground floor areas. Just minutes to Hunter Valley Wine Country and approx.45 mins to Newcastle.

Agent Details
Rachael Brecht

Director - Residential & Commercial Sales

mobile0409 327 331

office(02) 4991 4000

emailemail me

Agency Details
Jurd's Real Estate

location

Shop 3, 115 Vincent Street Cessnock NSW 2325

phone

(02) 4991 4000

fax

(02) 4991 4900

Key Details
property ID 445774
land size 898m2
build size 658m2
Media
Location