SOLD
Sold on 26 Oct 2023 for $500,000

275 Maitland Road
Cessnock NSW 2325

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 115m2
Land area: 380m2
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Property Details for 275 Maitland Rd, Cessnock

Building Type
Commercial
Floor Size
115m2
Land Size
380m2
Local Government
Cessnock
Lot/Plan
22/DP589982

Last Listing description (December 2023)

Located on the high-profile Maitland Road position in Cessnock, this property is an exceptional opportunity to be your own boss and expand your property portfolio at the same time. Offering a range of features that make it a strong investment opportunity and a seldom seen opportunity.

One of the key benefits of this commercial property is its convenient location, only 1 km from Cessnock CBD and 10 km from the Hunter Valley Vineyards, also providing easy access for customers. The property is home to the long established and well respected "Barry's Meats" and is well appointed as a high turnover modern butcher shop with a classic touch.

The property has a total land area of 386sqm and a total building area of 159sqm. This includes the front main building and rear additional cool room area. The front building comprises a service area, food preparation area, storage, and cool rooms. The rear dwelling is converted into an additional cool room and freezer area, providing ample space for storage and preparation.

This property is zoned as R3 Medium Density Residential with existing use rights to operate as a butcher's shop. The Building and the business will be sold in one line with all fixtures, fittings, and equipment + SAV.

Property Quick Facts
- Total land area: 386sqm - Total building area: 159sqm - Business financials available to approved parties - An additional cool room and freezer in the rear. - Council Rates approx $3,608pa - Water Rates approx $1,356.30 pa

Overall, this property is a rare opportunity to owner operate your own business in prime commercial space.
To find out more about this amazing opportunity please feel free to contact Bryce Gibson or Bree Perkins on 40506000.

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Property History for 275 Maitland Rd, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$500,000
26 Oct 2023
  • 26 Oct 2023
    Sold for $500,000
  • 21 Feb 2022
    Listed for Sale Price Range: $810,000 to $850,000
  • 12 Mar 2004
    Sold for $100,000
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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 8,069 properties.

    There are currently 33 properties listed for sale, and 19 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Cessnock.

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