High Yielding Safe Investment, 265 Vincent Street,
Cessnock, NSW 2325
Shops & Retail
Price information
Sold
Range: $2,775,000 - $3,225,000
Key property information
Land area
Floor area
Parking info
Property extent
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Map of High Yielding Safe Investment, 265 Vincent Street
High Yielding Safe Investment
- Leased for 10yrs with 2 x 5 year options
- Initial rent of $260,000 plus GST
- Showing over 8.5% return at asking price
Located in the main-street of Cessnock CBD adjacent to the new Bunnings complex, this property is brand new:
• Positioned on approx 6036m2;
• 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.
• Positioned on approx 6036m2;
• 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.
Property ID: 501511671Last Updated: 26 Sep 2015
04582828...
High Yielding Safe Investment, 265 Vincent Street
Cessnock, NSW 2325
Jurd's Real Estate - Cessnock10 Allandale Road
CESSNOCK, NSW 2325
CESSNOCK, NSW 2325
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