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 is split into 3 shops with 2 of the 3 currently leased to nationally recognized fast food provider Oporto and 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 $196,543.30 pa net approx
• Fully leased net income $226,544.30 pa net approx
• Adjacent to McDonalds, Pizza Hut and Video Ezy
• Major regional growth area