55 Cumberland StreetCessnock NSW 2325
Property Details for 55 Cumberland St, Cessnock
55 Cumberland St, Cessnock is a 3 bedroom, 1 bathroom House with 10 parking spaces. The property has a land size of 816m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Cessnock in the last 12 months.
Last Listing description (September 2023)
A most suitable site for both owner-occupiers and investors, this sizeable 815sqm* parcel presents an opportunity to purchase an unoccupied, DA approved medical suite. The 170sqm* medical suite comprises of five private consultation rooms with a large reception and waiting area, accessible and dual amenities, kitchenette and a sizeable staff room.
The site provides potential for further development of unused land that may be suitable for on-site car parking as well as capitalisation on lot size (STCA).
Key Features:
- Site area of 815sqm*
- DA approved 170sqm* medical suite
- B4 Mixed Use zoning
- Ample on-site and street parking
- Primely situated
- Located in the heart of Cessnock, walking distance to all essential amenity
*Approximately
Property History for 55 Cumberland St, Cessnock, NSW 2325
- 27 Jun 2024Sold for $808,500
- 21 Mar 2023Listed for Rent $790,000 / year
- 21 Mar 2023Listed for Sale Sale $790,000 + GST Lease $45,000 + GST
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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 8,076 properties. Over the last 5 years, Houses in Cessnock have seen a 71.56% increase in median value, while Units have seen a 55.12% increase. As at 31 July 2024:
- The median value for Houses in Cessnock is $573,484 while the median value for Units is $433,542.
- Houses have a median rent of $500 while Units have a median rent of $400.
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