JLL is privileged to present Cessnock Village for sale by Expressions of Interest closing 3:00pm (AEDT), Tuesday 31 st March 2026.
Anchored by a high-performing Woolworths supermarket trading over 40% above benchmark alongside BWS, the centre is further supported by 15 specialty retailers, a kiosk and ATM. The centre provides exceptional income security of $2.99 million per annum, with 98% of gross income underpinned by national and chain retailers.*
Occupying a substantial 15,920 sqm island site in the centre of Cessnock's CBD with three street frontages, Cessnock Village provides a seamless shopping experience which is complemented by an abundance of 245 at-grade car bays. Significantly refurbished in 2019, the centre benefits from strong occupancy and an attractive WALE of 7.98 years - underpinned by Woolworths' new 10-year lease with five further 10-year options extending to 2086.**
Located 40 kilometres from Newcastle CBD, Cessnock forms part of the Hunter Region and is one of New South Wales' fastest-growing regional locations with 2.3% forecast annual population growth to 2035. The trade area population is forecast to grow from 42,800 in 2025 to 48,590 over this period, with retail expenditure projected to reach $1.03 billion at a 4.3% annual growth rate. With ongoing significant public and private infrastructure investments including the $138 million Cessnock Hospital Redevelopment and $3.2 billion Hunter-Central Coast Renewable Energy Zone, Cessnock is positioned to continue growing above regional benchmarks.**^
Investment highlights:
Exceptional, brand-new 10-year lease to Woolworths expiring in March 2036 with 5 x 10-year options.
Anchored by a high-performing Woolworths supermarket with trade performance nearly 40% above the Urbis benchmark.*
80% of gross income underpinned by non-discretionary retailers providing a highly attractive WALE of 7.98 years.
Significantly refurbished in 2019, Cessnock Village's supermarket anchor combined with 15 specialties and an ATM provides an attractive convenience offering.
Located in a fast-growing trade area with 1.4% forecast annual population growth, delivering 4.3% CAGR retail expenditure growth over the next 5 years.*
Footnotes
All figures stated are approximate.
All references to distances are as the crow flies.
All references to financial information are estimated as at 01 June 2026
*Urbis Report – Cessnock Village (March 2026)
**WALE by area
^Hunter Investment Prospectus – 2024
Remember to mention you found this property on CommercialReady
JLL is privileged to present Cessnock Village for sale by Expressions of Interest closing 3:00pm (AEDT), Tuesday 31 st March 2026.
Anchored by a high-performing Woolworths supermarket trading over 40% above benchmark alongside BWS, the centre is further supported by 15 specialty retailers, a kiosk and ATM. The centre provides exceptional income security of $2.99 million per annum, with 98% of gross income underpinned by national and chain retailers.*
Occupying a substantial 15,920 sqm island site in the centre of Cessnock's CBD with three street frontages, Cessnock Village provides a seamless shopping experience which is complemented by an abundance of 245 at-grade car bays. Significantly refurbished in 2019, the centre benefits from strong occupancy and an attractive WALE of 7.98 years - underpinned by Woolworths' new 10-year lease with five further 10-year options extending to 2086.**
Located 40 kilometres from Newcastle CBD, Cessnock forms part of the Hunter Region and is one of New South Wales' fastest-growing regional locations with 2.3% forecast annual population growth to 2035. The trade area population is forecast to grow from 42,800 in 2025 to 48,590 over this period, with retail expenditure projected to reach $1.03 billion at a 4.3% annual growth rate. With ongoing significant public and private infrastructure investments including the $138 million Cessnock Hospital Redevelopment and $3.2 billion Hunter-Central Coast Renewable Energy Zone, Cessnock is positioned to continue growing above regional benchmarks.**^
Investment highlights:
Exceptional, brand-new 10-year lease to Woolworths expiring in March 2036 with 5 x 10-year options.
Anchored by a high-performing Woolworths supermarket with trade performance nearly 40% above the Urbis benchmark.*
80% of gross income underpinned by non-discretionary retailers providing a highly attractive WALE of 7.98 years.
Significantly refurbished in 2019, Cessnock Village's supermarket anchor combined with 15 specialties and an ATM provides an attractive convenience offering.
Located in a fast-growing trade area with 1.4% forecast annual population growth, delivering 4.3% CAGR retail expenditure growth over the next 5 years.*
Footnotes
All figures stated are approximate.
All references to distances are as the crow flies.
All references to financial information are estimated as at 01 June 2026
*Urbis Report – Cessnock Village (March 2026)
**WALE by area
^Hunter Investment Prospectus – 2024
Remember to mention you found this property on CommercialReady
Cessnock Village, 1 Keene Street, Cessnock, NSW, 2325
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