14 King St, Cessnock is a 12 bedroom, 12 bathroom Unit with 4 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
"If you are from the Greater Sydney, Central Coast, Wollongong or Blue Mountains area, LJ Hooker Maitland has made a decision to prohibit you from attending open homes, inspections or auctions for Sale or Lease with our agency. If you would like to enquire further on this property we recommend you contact the listing agent directly".
Situated in the heart of Wine Country is this sensational investment offering 12 purpose built residential units. Specifically designed and beautifully constructed in 2007, these accessible apartments are fully leased to excellent tenants returning a total of $169,000.00 per annum.
All of the units are self contained and individual and all on one title with NO STRATA involvement or expenses. We have secured new 5 year leases with our occupants who not only love their home, but genuinely have found their own community within this development making this their forever home!
This is a very rare offering in todays market, where returns of this Ilk are few and far between. The sound brick and colour bond construction is contemporary and architecturally pleasing and there is mature landscaping and dual street frontages for access by the occupants.
Contact Todd Fisher 0438592920 for all enquiries.
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
The size of Cessnock is approximately 35.6 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cessnock in 2011 was 13,673 people. By 2016 the population was 15,163 showing a population growth of 10.9% in the area during that time. The predominant age group in Cessnock is 20-29 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 2011, 61.5% of the homes in Cessnock were owner-occupied compared with 57.3% in 2016.
Cessnock has 8,070 properties.
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