149 Vincent StreetCessnock NSW 2325
Property Details for 149 Vincent St, Cessnock
Last Listing description (April 2012)
Secure Long Term ANZ Bank Investment
This is a rare opportunity to acquire an exceptionally located regional NSW investment, leased to the ANZ Bank. Cessnock is located on 1.5hrs north of Sydney in the Hunter Valley region which is supported strongly by the mining, power and tourism sectors.
The property is ideally located in the very heart of the Cessnock's retail precincts doubling as the main town thoroughfare, ensuring huge business exposure to passing pedestrian and vehicular traffic.
- Secure 5yr + 5yr lease to ANZ Bank
- Modern building experienced recent upgrade
- Catchment supported by mining, power and tourism sectors
- 483m2 site located on main retail thoroughfare
- Excellent ANZ Bank covenant
Offer to purchase closing 3pm (AEST) on Tuesday 6th December 2011.
Please contact:
James Wilson
D: 9036 6725
M: 0402 079 304
Property History for 149 Vincent St, Cessnock, NSW 2325
- 13 Feb 2024Sold for $715,000
- 15 Nov 2011Listed for Sale PLEASE CONTACT THE AGENT FOR PRICING.
- 05 Mar 2009Sold for $670,000
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About Cessnock 2325
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 8,045 properties. Over the last 5 years, Houses in Cessnock have seen a 74.11% increase in median value, while Units have seen a 62.83% increase. As at 31 October 2024:
- The median value for Houses in Cessnock is $581,185 while the median value for Units is $454,491.
- Houses have a median rent of $500 while Units have a median rent of $438.
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