This large commercial building in the heart of the Cessnock CBD has been recently refurbished and is currently tenanted on a 3 year lease with a 3 year option to extend. With a return of approximately $38,015 per year + outgoings of approximatley $9,115 increasing annually with CPI, this is a bargain at $595,000!
* This information is based on the sale price of $595,000 with yearly rental of $38,015 per annum and outgoings of approximatley $9,115 for the current financial year. It has been carefully compiled and is not intended to be treated as a warranty or promise as the correctness of the information. Sternbeck's Real Estate shall not be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of reliance on any information within, or the use of, this information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. Figures and information may be subject to change without notice.