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.