Knight Frank is pleased to offer 141-145 Vincent Street, Cessnock to the market For Sale via EOI, closing Wednesday the 5th of March 2025. Located in Cessnock's premier high street retail precinct, Vincent Street, this is a 100% leased freehold investment opportunity, featuring two tenancies, with a counselling practice until May 2027, and a community association group until February 2026. The property benefits from compounding 3% fixed and CPI annual increases. Key highlights: - Net income of $95,000* per annum (excl. GST) - Combined 520 sqm* site area - 326 sqm* NLA across both tenancies - Favourable E2 commercial zoning - Positioned along the Cessnock retail and commercial precinct - Ample space for on-site parking, with rear access backing onto a large public carpark - Situated within a prominent retail corridor and an established residential suburb - Vincent Street is home to multiple shopping centres, and specifically stores, including, Coles, Woolworths, Coles, Target, Liquorland, and many more. - Cessnock City Council: thriving region, supporting over 65,878 residents, which is forecast to surge by over 50% by 2041. - Part of the fast-growing Hunter Region, with a population of 682,000+* This high-profile property offers a strategic investment in a thriving area with excellent visibility and accessibility. For more information, or to arrange an inspection, please contact Blake Phelps. *Approximate
Email enquiry to Knight Frank - Newcastle
Property ID: 504779148