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Land/Development in CESSNOCK
SOLID INVESTMENT - 4 TENANCIES - NEWCASTLE HUNTER REGION
- Building: 960m²
- Land: 29,702m² (7.33 acres)
Modern Service Station with Subway, Coffee Shop and Car Wash. All only 6 years old with leases in place.
PLUS adjoining site for development with Bottle Shop Licence and DA approved.
Current gross rental of $522,500.
Large site of 2.97 hectares (29,702 sqm) with wide frontage of over 100 metres giving great exposure to the busy Wine Country Drive.
Excellent depreciation available.
DA approved Bottle Shop with Licence can be developed on separate lot which is included in this sale providing significant value add opportunity for the purchaser.
Cessnock is approximately 50 kilometres west of Newcastle in the heart of the Hunter Valley Wine Country.
FOR SALE: $5,500,000
Building:
960m²
Land:
29,702m² / 7.33 acres
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