Bridge Street, Cessnock

Great investment

Block Of Units | For Sale

12 bedrooms
12 bathrooms
809.4 m2
Contact for price
Property Image
Property Image
Property Image
Property Image
Property Image
Property Image

Description

Demolishing of Existing Structures.

DA approved for the construction of 2 level Boarding house.
Containing 12 self-contained rooms with internal areas ranging from 23 m2 to 28 m2. All rooms are extra-large rooms with ensuite, kitchenette, laundry facilities, indoor communal area & outdoor common areas.

Glass and aluminum sliding windows and doors. Face bricks and metal roof sheeting.
Parking for 6 cars, 3 motorbikes, 5 push bikes a BBQ area, under cover entertainment area, common area, common kitchen & dryer with street parking, security cameras and fire doors to each room.

Current house is leased with a Rental Return of $300 per week with potential Rental Return of $200 per week (over $124,000 per year).

HUGE DEMAND FOR BOARDING HOUSES IN THIS AREA!

The entrance to the Hunter Valley, Pokolbin & most wineries are only 10 KM away (Sydney is 150 Km away).

All rooms are self-contained!

Tremendous Investment with plenty of potential for cash business in an ideal location.

All rooms designed as double rooms with own bathrooms. Potential to offer after construction flat screen TV's, wardrobes and security system with intercom to each room, WIFI connection, common kitchen, office area. Plus offering common bathrooms & toilets.

Great location!

Land Area 809 m2.
Building Area over 2 levels 534 m2.

Backyard with sitting arrangements. Offering a relaxing leafy outdoor area.

Minutes to shopping Centre and Cessnock Railway Station is ONLY 3 minutes away (1.5 Km).

Located Corner of Cumberland St, close to TAFE NSW, MITRE 10, Bunnings, Cessnock Tennis Club, Cessnock Public School, Woolworths, East Cessnock Public School, KFC,
Close to Shopping centers, Hunter Valley, wineries, freeways, clubs, all entertainment & leisure resorts.

Please contact Prestige Realty reception on (02) 9713 2811 to enquire or call Joe Owen directly on 0414 402 221

Property Location