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219 Wollombi Road
Cessnock NSW 2325
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219 Wollombi Road Cessnock NSW 2325

  • Factory, Warehouse & Industrial
  • 576 m²
  • Expressions of Interest

High exposure investment opportunity

  • Net income $63,408* p.a (plus GST)
  • New 5 + 5 year lease expiring July 2029
  • Main road exposure

The property features a portal frame, metal clad and brick veneer commercial premises situated prominently on Wollombi Road, Cessnock. Accessed via the main carpark to Cessnock Village, the premises benefits from ample customer and staff parking. The site also offers pedestrian access from Wollombi Road leading to a courtyard display area.

The site is zoned E2 Commercial Centre with a small portion being RE1 Public Recreation under Cessnock LEP 2011.

The site has been operating as a paint and tile outlet for over 15 years, with the current business having been in occupation for 3 years. The lease has recently been renewed for a 5-year term with a 5-year option, secured by a two month cash security deposit and director guarantees. The net rent is $63,408* per annum with the tenant responsible for 100% of the outgoings. The lease expiry date is 17 July 2029.

For Sale by Expressions of Interest closing Wednesday 27 November 2024 at 4pm (AEDT).

*Approximate

EXPRESSION OF INTEREST

Add to Calendar
Closing date and time27/11/2024 16:00
Recipient nameAsk Agent
Delivery addressGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300
Jayson Robertson
Jayson Robertson
+61 411 250 853
Tim Woolf
Tim Woolf
+61 413 155 462
Trent Robertson
Trent Robertson
+61 401 717 795

Property Highlights

Floor Area576 m²
Land Area1,333 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019561552
Category
 Factory, Warehouse & Industrial
Last updated  22 Oct 2024
Map for 219 Wollombi Road Cessnock NSW 2325

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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300
Jayson Robertson
Jayson Robertson
+61 411 250 853
Tim Woolf
Tim Woolf
+61 413 155 462
Trent Robertson
Trent Robertson
+61 401 717 795

Property Highlights

Floor Area576 m²
Land Area1,333 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019561552
Category
 Factory, Warehouse & Industrial
Last updated  22 Oct 2024

Co-Agents

Jayson Robertson
Jayson Robertson
Colliers Newcastle
Call
+61 411 250 853
Tim Woolf
Tim Woolf
Colliers Newcastle
Call
+61 413 155 462
Trent Robertson
Trent Robertson
Colliers Newcastle
Call
+61 401 717 795

Enquire about this property

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            More about 219 Wollombi Road Cessnock NSW 2325

            219 Wollombi Road Cessnock NSW 2325 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 576 m² and a land area of 1,333 m². The listing ID for this property is 2019561552.

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