26 Wollombi Road CESSNOCK NSW 2325
$975,000 - $1,050,000

DESCRIPTION

Have you been searching for a commercial investment? 26 Wollombi Rd, Cessnock should tick all your boxes. This modern retail space with attached residential accommodation and garaging is well position to capitalise on the growing local population. $65,472.73 + GST + outgoings payable by tenant (council, water, public liability, AFSS all utilities) Outgoings payable by landlord: Land tax if applicable and building insurance ($4,184.64 inc gst in 2024) Net income 2024 $61,288.33 Lease 5 year ending 2/4/2029 with 5 year + 5 Year option CPI annual increases With approximately 135m2 gross lettable floor space for the shop and approx 125m2 for the residence 809m2 total land size – 20.1m frontage x 40.2m depth For more information and to arrange your inspection of this property please contact today , or the office on .