OFF MARKET

85/85A Ferguson Street
Cessnock NSW 2325

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 65m2
Land area: 702m2
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Property Details for 85/85a Ferguson St, Cessnock

85/85a Ferguson St, Cessnock is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 702m2 and floor size of 65m2.

Building Type
Unit
Year Built
1925
Floor Size
65m2
Land Size
702m2
Local Government
Cessnock

Last Listing description (June 2021)

- The savvy investor will recognise the great opportunity here, dual incomes with a 5.4% gross return!
- The front house is in original condition and comprises two bedrooms, fully fenced yard, reverse cycle A/C in the living room, bathroom with shower over bath and external second toilet
- The granny flat, constructed in 2014, comprises two bedrooms with built in robes, open plan kitchen/living area with reverse cycle A/C, natural gas cooking, low maintenance yard with a carport

- Located just 1.2km to Cessnock CBD
- The house is returning $270/week, the granny flat $270/week and both leased to great long term tenants
- Do the sums, at this price the figures stack up favourably!

Property History for 85/85a Ferguson St, Cessnock, NSW 2325

A timeline of how this property has performed in the market
  • 01 Jun 2021
    Listed for Sale GUIDE - $520,000

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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 8,074 properties.

    There are currently 35 properties listed for sale, and 23 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Cessnock.

    Suburb Insights for Cessnock 2325

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.