Added 4 days ago
219 Wollombi Road,
Cessnock, NSW 2325
Warehouse, Factory & Industrial
Added 4 days ago
Price information
Sale - Expression of Interest closing Wed 27 Nov
Please contact agent
Key property information
Land area
Floor area
Expression of Interest
Private inspections
to arrange a private inspection.
Colliers - Newcastle
Ground Floor, 18 Honeysuckle DriveNEWCASTLE, NSW 2300
219 Wollombi Road
Cessnock, NSW 2325
Map of 219 Wollombi Road
Bus stops within 5 km of 219 Wollombi Road, Cessnock, NSW 2325 Distance Cessnock City Library, Vincent St 100 m Cessnock Pool, Allandale Rd 154 m Wollombi Rd Opp Darwin St 289 m Cessnock City Centre, North Av 307 m Cessnock Leagues Club, Darwin St 332 m POWERED BY HERE ©
POWERED BY HERE ©
High exposure investment opportunity
- Net income $63,400* p.a (plus GST)
- New 5 + 5 year lease expiring July 2029
- Main road exposure
The property features a portal frame, metal clad and brick veneer commercial premises situated prominently on Wollombi Road, Cessnock. Accessed via the main carpark to Cessnock Village, the premises benefits from ample customer and staff parking. The site also offers pedestrian access from Wollombi Road leading to a courtyard display area.
The site is zoned E2 Commercial Centre with a small portion being RE1 Public Recreation under Cessnock LEP 2011.
The site has been operating as a paint and tile outlet for over 15 years, with the current business having been in occupation for 3 years. The lease has recently been renewed for a 5-year term with a 5-year option, secured by a two month cash security deposit and director guarantees. The net rent is $63,400* per annum with the tenant responsible for 100% of the outgoings. The lease expiry date is 17 July 2029.
For Sale by Expressions of Interest closing Wednesday 27 November 2024 at 4pm (AEDT).
*Approximate
The site is zoned E2 Commercial Centre with a small portion being RE1 Public Recreation under Cessnock LEP 2011.
The site has been operating as a paint and tile outlet for over 15 years, with the current business having been in occupation for 3 years. The lease has recently been renewed for a 5-year term with a 5-year option, secured by a two month cash security deposit and director guarantees. The net rent is $63,400* per annum with the tenant responsible for 100% of the outgoings. The lease expiry date is 17 July 2029.
For Sale by Expressions of Interest closing Wednesday 27 November 2024 at 4pm (AEDT).
*Approximate
Property ID: 504712212Last Updated: 14 Oct 2024
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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