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100 Wollombi Road Cessnock, NSW 2325

Sold for $730,000 on 23 Jan 2017
  • 1 Bed
  • 1 Bath
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Home in Cessnock

Healthy Mixed Business Commercial Building Opportunity

  • 1 Bed
  • 1 Bath

Located in a prominent position on one of Cessnock arterial roads, this multi-tenant commercial property offers the opportunity to diversify your income stream.

The property is situated on 2725m2 block sharing the common property with Strata 5 (bottles shop not included in the sale). Offered for sale is the main centre consisting of 4 strata tiles and dividing into 8 shops, with 3 shops currently vacant and available for lease.

The property currently nets a healthy return of $71,284 p/a gross plus GST with the potential to expand with outgoings on the property being approximately $34,400 p/a.

Shops are currently leased to the following businesses:

  • Leonie's Seafood & Burgers
  • Cessnock Grooming
  • Darby's Pies
  • Adventure Bike Specialists
  • Hair Cellar

Don't miss this opportunity to invest in a multi-tenant commercial building in the growing city of Cessnock.

For more information, please call James Matthews on 0402 773 476.

Features:
  • Air Conditioning
  • Close To Schools
  • Close To Shops
  • Close To Transport
Building:

431m²

Bedrooms:

1

Bathrooms:

1

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Suburb

Cessnock

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