With a secure lease from Australia Post and appealing returns, this blue-chip investment opportunity is one to savour. Serving as the Cessnock mail delivery centre, this established commercial facility comes with a recently renewed 3 + 3 lease ensuring attractive returns for the new owner.
Situated on a level, fenced compound of approximately 2,856 square metres in the heart of Cessnock. The location is easily accessible for tenants with plenty of room for truck maneuvering. The site features 12 car park spaces, a loading bay, ample hardstand areas including all weather awning covers.
Zoned MU1 Mixed Use and E3 Productivity Support under the Cessnock Local Environmental Plan 2011, the property includes three separate commercial/industrial buildings delivering a total nett lettable area of 798 sqm. The Main Processing Centre (303 sqm), Secondary modern warehouse (384.5 sqm) and the original warehouse (110 sqm) are of concrete slab and steel frame construction with sheet metal cladding. Ducted air conditioning is provided in the main Processing Centre.
Utilities include electricity, town water and sewerage, telephone and a water storage tank.
Available for sale via Expressions of Interest, this commercial opportunity is too good to overlook. For more details or to schedule an inspection, contact James Harvey at 0400 499 433. Please note that inspections are strictly by appointment.
Property Code: 2912