Secure Tenants, High Yield and Development Upside - 8CI

Blue-Chip Commercial Asset in Cessnock CBD.<br />
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We are excited to present this outstanding opportunity to acquire a newly renovated, blue-chip commercial asset on a large parcel of land. Positioned in the heart of the Cessnock CBD, the property is anchored by a popular modern bar and restaurant, along with a major local NDIS service provider.<br />
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This high-performing asset generates a strong annual net profit of $364,304 + GST. Located in the city centre, it benefits from active street frontages that attract high pedestrian traffic.<br />
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- High-quality tenants in place.<br />
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- Flexible development potential - partial or full.<br />
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- Significant income upside.<br />
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- Prime CBD location with excellent visibility and traffic flow.<br />
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- Recently refurbished, offering strong depreciation benefits.<br />
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- Land area: 3,916 m2. Floor area: 2,630 m2.<br />
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Zoned MU1 Mixed Use, the site is permitted (with consent) for a wide range of developments, including: childcare centres, medical facilities, registered clubs, hotels or motels, shops, vehicle repair stations, commercial premises, entertainment venues, function centres, education and information facilities, and indoor recreation facilities.<br />
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Following its extensive refurbishment, the property delivers modern and convenient food, beverage, and entertainment experiences - ideal for sustained income and capital growth.<br />
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This is one of the best opportunities to secure a blue-chip investment in the Newcastle-Hunter region.<br />
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Expressions of Interest - Call Bill He today to secure this opportunity and avoid tomorrow’s regrets.<br />
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Property Code: 5254