What’s your superannuation doing? Rather than 1% or 2% for your money in the bank, why not buy a commercial investment property and enjoy a rental return of 6.2% net whilst enjoying the capital growth in Cessnock’s CBD.
Features include:
• Total combined income of $87,195.96 + GST + Outgoings. (Outgoings include Council Rates circa $5,878.96 p.a, Water Rates circa $1,112.90 p.a. & Electricity)
• Two brand new 5×5 leases to long term secure tenants, commencing from 4th November, 2019
• Total NLA of 381.45m2 (214m2 Unit 1&2, 121 Vincent Street + 167.45m2 121A Vincent Street)
• Total land area of 405m2
• Character building
• Five private car parking spaces
• Kitchen facilities
• Basement storage
• Bank grade storage vault
