121 Vincent Street, Cessnock, NSW 2325 | Property Value & History | OnTheHouse
OFF MARKET

121 Vincent Street
Cessnock NSW 2325

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 405m2
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Property Details for 121 Vincent St, Cessnock

Building Type
Commercial
Land Size
405m2
Local Government
Cessnock
Lot/Plan
11/DP1048080

Last Listing description (December 2020)

Whats your superannuation doing? Rather than 1% or 2% for your money in the bank, why not buy a commercial investment property and enjoy a rental return of 6.2% net whilst enjoying the capital growth in Cessnocks CBD.

Features include:
Total combined income of $87,195.96 + GST + Outgoings. (Outgoings include Council Rates circa $5,878.96 p.a, Water Rates circa $1,112.90 p.a. & Electricity)

Two brand new 5x5 leases to long term secure tenants, commencing from 4th November, 2019
Total NLA of 381.45m2 (214m2 Unit 1&2, 121 Vincent Street + 167.45m2 121A Vincent Street)
Total land area of 405m2
Character building
Five private car parking spaces
Kitchen facilities
Basement storage
Bank grade storage vault

Inspections by private appointment.

Property History for 121 Vincent St, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$1,300,000
08 Dec 2020
Listed for Rent
25 Oct 2015
  • 08 Dec 2020
    Sold for $1,300,000
  • 25 Nov 2019
    Listed for Sale $1,399,000
  • 07 Aug 2014
    Listed for Rent - Price not available
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About Cessnock 2325

The size of Cessnock is approximately 35.6 square kilometres. There are 19 parks, covering nearly 10.7% of the total area. The population of Cessnock in 2016 was 15177 people. By 2021 the population was 16300 showing a population growth of 7.4% in the area during that time. The predominant age group in Cessnock is 30-39 years. Households in Cessnock are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cessnock work in a trades occupation.In 2021, 58.70% of the homes in Cessnock were owner-occupied compared with 57.30% in 2016.

Cessnock has 8,212 properties. Over the last 5 years, Houses in Cessnock have seen a 77.30% increase in median value, while Units have seen a 59.77% increase. As at 30 April 2026:

  • The median value for Houses in Cessnock is $701,227 while the median value for Units is $506,479.
  • Houses have a median rent of $560 while Units have a median rent of $470.
There are currently 52 properties listed for sale, and 25 properties listed for rent in Cessnock on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Cessnock.

Suburb Insights for Cessnock 2325

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.