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

75 Vincent Street
Cessnock NSW 2325

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 277m2
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Property Details for 75 Vincent St, Cessnock

Building Type
Commercial
Land Size
277m2
Local Government
Cessnock
Lot/Plan
22/DP717412

Last Listing description (August 2018)

Cushman & Wakefield are pleased to offer 75 Vincent Street, Cessnock For Sale by Public Auction on June 28.
The property has been occupied in excess of 25 years by one of the largest financial institutions in Australia - National Australia Bank (NAB)
Cessnock is a vibrant country town commonly referred to as the 'gateway' to wine country and is a hub for services and shopping. Cessnock has a population of over 55,000 and also welcomes up to 800,000 visitors annually.

Lease Profile:
Long term lease to ASX listed tenant
Renewed 5 year lease to June 2021
Options to 2031- (2 x 5 year options) added to lease this year by NAB
New branch fit-out 2016
Tenant pays 100% of all outgoings
Net Income $104,954.24 pa (+GST)*
Building Profile:
Freestanding double brick building, suspended concrete slab with metal deck roof above triple garage.
Modern full width glass facade incorporating ATM
Retail facility and offices completely refurbished in 2016
Pedestrian footpath located to the right side of building linking Cessnock Market Village at the rear
Security parking within building for 3 vehicles minimum
Central main street exposure - ensuring high pedestrian traffic
75 Vincent Street, Cessnock will be sold by Public Auction on
Thursday 28th June 2018 at 10:30am at Cooley Auctions, Level 5, 1 Margaret St, Sydney.
For a detailed property Information Memorandum contact selling agents Ryan Cross (0402 147 124) or Anthony Bray (0419 322 233).

Property History for 75 Vincent St, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$1,625,000
28 Jun 2018
  • 28 Jun 2018
    Sold for $1,625,000
  • 28 May 2018
    Listed for Sale Not Disclosed
  • 27 Jan 2009
    Sold for $195,000
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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.