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384 Wollombi Road
Bellbird NSW 2325
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Sold on 4 Nov 2024

384 Wollombi Road Bellbird NSW 2325

  • Medical / Consulting
  • 541 m²
  • Sold

Freehold Medical & Retail Centre Investment in Hunter Valley Growth Precinct 10 Year Net Lease to 2031

    Burgess Rawson is pleased to offer to the market 384 Wollombi Road, Bellbird (Cessnock) NSW for sale via Expressions of Interest.

    This opportunity has the following key investment highlights:

    + 10 year net lease to 2031 plus 10 year option to 2041
    + Multifaceted business offering general practice, women's health, mental health, ECG, skin cancer treatment, x-ray, pathology and much more
    + Compounding fixed 3% annual rent increases, ensuring income growth
    + Highly desirable net lease structure with the tenant responsible for all outgoings including land tax and property management
    + High profile main road 1,375sqm* corner landholding improved by a 541sqm* medical facility with 108m* of combined triple street frontage offering parking for 17 cars
    + Purpose built freehold facility constructed in 2021, offering depreciation benefits
    + Strategic healthcare location in the Hunter Region with 38% of the population over the age of 50+
    + Cessnock: heart of NSW's Hunter Valley, forecast to grow 72% by 2041, the third fastest in NSW
    + Net Income: $240,399 pa* + GST

    For Sale via Expressions of Interest

    Please contact the exclusively appointed sales team for more information.

    *Approx.

    Property Highlights

    Date Sold4 Nov 2024
    Floor Area541 m²
    Land Area1,375 m²
    ParkingAsk Agent
    Property ID2019527887
    Category
    Last updated  7 Nov 2024
    Map for 384 Wollombi Road Bellbird NSW 2325

    Nearest transport* to 384 Wollombi Road Bellbird NSW 2325

    Bus
    Train
    Tram
    Ferry
    Bellbird Hotel, Wollombi Rd23 m
    Wollombi Rd opp Bellbird Hotel43 m
    Wollombi Rd opp Bellbird Workers Club176 m
    Wollombi Rd near George St181 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Property Highlights

    Date Sold4 Nov 2024
    Floor Area541 m²
    Land Area1,375 m²
    ParkingAsk Agent
    Property ID2019527887
    Category
    Last updated  7 Nov 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007

    More about 384 Wollombi Road Bellbird NSW 2325

    384 Wollombi Road Bellbird NSW 2325 is categorized as Medical & Consulting Property. It has a floor area of 541 m² and a land area of 1,375 m². The listing ID for this property is 2019527887.

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