- The subject property is located on the western side of Vincent Street in the heart of the Cessnock commercial and retail precinct.
- The property is well situated in terms of amenity with a variety of supermarkets, shops and cafes within easy walking distance.
- The property benefits from 18 on-site car parks plus an adjoining council car park for an additional 66 car spaces.
Tenancy: T1
- Area: 600sqm*
- Frontage: Vincent Street
- Rental: $90,000 per annum net (plus GST)
Tenancy: T2
Area: 459sqm*
Frontage: Charlton Street
Rental: $58,000 per annum net (plus GST)
- Outgoings are payable in addition to above rentals and will be charged on a pro-rata proportion of the occupied floor area. The Lessee will also be responsible for the Lessee's own business related operating expenses including, but not limited to, electricity, water usage, telephones, insurance, internal cleaning etc.
*Approximate.
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:
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