136 Vincent StreetCessnock NSW 2325
Property Details for 136 Vincent St, Cessnock
Last Listing description (November 2023)
Freehold Cessnock Commercial Investment
Are you looking to purchase your next commercial investment? Look no further than 136 Vincent Street Cessnock.
It is in prime position in the heart of Cessnock CBD. There is ample public car parking at rear plus on street parking. The rear of the property has loading dock facilities plus staff parking.
Total land size of 341.5 sqm zone B3 commercial core.
Current rental return of $31,071.16 per year plus gst ($2,589.26 plus GST per month).
Plus tenant pays 100% of outgoings (council rates, water rates, building insurance).
The Lease expired 30th June 2022.
The property can be sold with the existing tenancy but also could be sold vacant possession.
For more information and to arrange your inspection of this property please contact Bryce Gibson today 0422 227 668, or the office on 02 4050 6000.
Property History for 136 Vincent St, Cessnock, NSW 2325
- 04 Aug 2023Listed for Sale $479,000
- 08 Dec 2022Listed for Sale Sold
- 26 Oct 2022Sold for $455,000
Recent sales nearby
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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 8,254 properties. Over the last 5 years, Houses in Cessnock have seen a 61.26% increase in median value, while Units have seen a 54.16% increase. As at 31 July 2026:
- The median value for Houses in Cessnock is $707,758 while the median value for Units is $527,769.
- Houses have a median rent of $580 while Units have a median rent of $490.
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