PROPERTY DESCRIPTION
8 Catherine Street, Cessnock NSW 2325 is proudly presented by Rafael Posadas of gofysh | estate agents.
Gateway to the Hunter Valley Wineries.
DA approved for a 3 lot subdivision and construction of 2 residential units at the rear of the existing dwelling.
• DA 8/2023/271/1 approved 27 Sep 2023 by Cessnock City Council
• R3 medium density residential land zoning
• 809m2 land area
• 20.5m frontage
Currently a 3 bedroom, 1 bathroom, 1 car garage home rented as an Airbnb investment, which has been beautifully refurbished.
Rental Income (2025) = $64,785 per annum
Gross Realisation Value (7%) = $925,500
With the addition of the 2 units, you have an investment with a high yield.
The 2 units can be rented as Airbnb and we also have some NDIS operators keen on renting the premises, the opportunities are limitless.
• 3 min (190m) walk to West Cessnock Medical Practice
• 3 min (260m) walk to Cessnock West Public School
• 15 min (1.1km) walk to Cessnock Shopping Centre
• 4 min (2.1km) drive to Cessnock Hospital
• Positioned close to schooling, shops, cafes and doctors
• Minutes drive to the Hunter Valley Wineries
Perfectly positioned for Airbnb or an NDIS (STCA) investment !!!
This is a rare offering that is highly sought!
Please call me directly on 0433 777 941 for further information or to arrange a private inspection.
Disclaimer – The information on this summary sheet should not be relied on as a substitute for legal and real estate advice. You should make your own inquiries as to the accuracy of any information or material contained in this document.
