136 Wollombi RoadCessnock NSW 2325
Property Details for 136 Wollombi Rd, Cessnock
136 Wollombi Rd, Cessnock is a bedroom, bathroom House. The property has a land size of 1670m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Last Listing description (April 2019)
HTL Property is delighted to offer for sale the freehold going concern interest in the Australia Hotel, Cessnock.
Key investment considerations include:
- Suburban freehold going concern hotel with strong potential gaming upside
- Spacious main bar area with TAB and Keno
- Brand new purpose-built alfresco gaming room (completed early Nov-18) with 14 PME s and SIA to increase to 20 PME s
- Average weekly gaming revenue $24,040* inc GST post gaming room renovation (1st Nov 18 28th Feb 19)
- Gaming revenue of $1,717* inc GST per machine/per week post gaming room renovation (1st Nov 18 28th Feb 19)
- Located 2 hours* drive to the CBD and 55 minutes* to Newcastle
- The venue enjoys large exclusive catchment of potential customers with low competition from other hotels
For Sale by Expression Of Interest closing Thursday 4th April 2019 at 4pm
*Approx.
Property History for 136 Wollombi Rd, Cessnock, NSW 2325
- 19 Sep 2019Sold for $3,915,000
- 08 Mar 2019Listed for Sale Not Disclosed
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0About 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 8,255 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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