134 Vincent St, Cessnock, NSW 2325

AMAZING 7.7% YIELD HERE!

Auction Guide $360,000 circa 7.7% yield

This is a boutique freehold commercial holding in the thriving Cessnock locality. Our existing and long established tenants still have another 6 years remaining on their lease instrument, 1 to go on the initial term and another 5 year option from 2023.
The rental received is grossing at approximately $28,000 per annum and we see this as an amazing start to your investment portfolio to set and forget!
Cessnock continues to be a fantastic Hunter Valley location to live and invest and with an entry level at this price its a must add to your list for consideration.

Note Business Not For Sale

Water Rates: $860 p.a recoverable

Council Rates: $3,349 p.a recoverable

All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.