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Cessnock (Hunter Valley) - Brand New 12 & 10 Year Head Office Leases - Fixed 3% Annual Increases

16-20 Allandale Road Cessnock NSW 2325

  • 1 Medium 20
  • 2 Medium 19
  • 3 Medium 16
  • 4 Medium 16
  • 5 Medium 15
  • 6 Medium 50
  • 7 Medium 5
  • 8 Medium 4
  • 9 Medium
  • 10 Medium 13
  • 11 Medium 7
  • 12 Medium 9
For Sale Current
Retail
Investment
Property No.

Attributes and Features

Building Area 420 sqm
Land Area 2423 sqm
Parking 35 onsite carparks
Last Updated Dec 03, 2019
Status Current

Cushman & Wakefield are pleased to present to the market 16-20 Allandale Road, Cessnock for sale via offers to purchase.

The property has the following key characteristics:

• Oporto –  12 year lease to 2031 + options to 2051 - One of Australia’s most recognised fast food restaurants with a network of over 140 stores nationally
• Zambrero – 10 year lease to 2029 + options to 2043 - One of Australia’s fastest growing fast food chains with over 175 restaurants in Australia
• Main road high profile location comprising a 420 sqm convenience retail and drive thru facility
• Brand new extensive refurbishments undertaken in 2019
• Significant car parking with 35 bays
• Located directly opposite high performing McDonald’s Restaurant and in close proximity to Pizza Hut, KFC, 7-Eleven, Domino’s and Caltex Woolworths
• Cessnock - Hunter Valley region with a population of circa 60,000 with strong year on year growth and famous for its wineries, strong mining and agricultural industries
• Head office leases offering secure income profile
• Fixed 3% annual increases ensuring continued rental growth
• Net Income $299,101 pa + GST


The property is for sale by way of offers to purchase. For more information please contact the exclusice agents at Cushman & Wakefield.

Cessnock (Hunter Valley) - Brand New 12 & 10 Year Head Office Leases - Fixed 3% Annual Increases16-20 Allandale RoadCessnock, NSW 2325
16-20 Allandale Road Cessnock NSW 2325