Impressive Freehold Investment
Auction Location: Auction Works Sydney Mezzanine Level, 50 Margaret St, Sydney NSW 2000.
Starr Partners are pleased to present for sale 16-20 Allandale Road Cessnock.
This prime commercial complex comprises three shops, two of the three are leased to nationally recognised fast food provider Oporto. The other tenancy to Advanced School of Beauty Therapy.
Located only 5 minutes from the iconic Hunter Valley vineyards and 2.5 hours from Sydney this opportunity is a must for any astute investor.
• 10 x 5 x 5 x 5 year lease to Oporto
• 1 x 2 year lease to AHFB Pty Ltd
• Prime corner location & exposure
• Car parking for 35 vehicles
• Plenty of passing traffic
• Current passing income $196,543 pa net*
• Fully leased net income $226,000 pa net*
• Adjacent to McDonalds, Pizza Hut and Video Ezy
• Major regional growth area.
* Approximate amounts