Key Investment Insights
AI generated. Confirm details with the seller.
1. Newly renovated blue-chip commercial asset in Cessnock CBD, offering immediate modern fitout and tenant appeal.
2. Anchored by a popular modern bar and restaurant and a major local NDIS service provider, providing tenant diversification and footfall.
3. Generates a strong annual net profit of $364,304 plus GST, indicating high operating yield.
4. Large land holding of 3,916 m2 and total floor area of 2,630 m2, supporting scale and redevelopment potential.
5. Zoned MU1 Mixed Use, permitting a wide range of uses with consent, including childcare, medical, registered clubs, hotels, retail, and indoor recreation.
6. Flexible development potential, achievable partial or full redevelopment for income or capital growth.
7. Significant income upside highlighted, implying potential to increase returns through repositioning or lease adjustments.
8. Prime city-centre location with active street frontages, excellent visibility and high pedestrian traffic.
9. Recent refurbishment provides strong depreciation benefits and reduced short-term capital expenditure.
10. Positioned as a standout investment within the Newcastle‑Hunter region, offering both sustained income from current operations and long‑term capital growth prospects.