LJ Hooker Cessnock and Kurri Kurri has moved into one of Vincent Street’s most iconic buildings, with a stunning new office custom-made to cater to the local real estate market’s growing needs.
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Formerly home to Mather’s Shoes, the building at 84 Vincent Street dates back to 1922 when it was first constructed by William Goldsworthy Cowman, and the site was home to Watkins’ Bakery before that.
In an effort to respect the historical significance of the property, LJ Hooker Cessnock and Kurri Kurri owners Bryce and Mellissa Gibson opted to combine the old with new.
They brought state-of-the-art technology to the building – including the NBN high-speed network, digital phone systems and LED display screens – while enhancing the original construction with exposed brick on the interior and polished concrete floors.
The office also features a magnificent vertical garden in the reception area.
“It has always been a dream of mine and Mellissa’s to own our own space, so when the Cowman building, with all its historical significance to the local community, came available we jumped at the opportunity,” Mr Gibson said.
“We feel we’ve brought life back to the building while still honouring its original beauty.
“It is a lovely place to come to work every day.”
The official opening on February 10 was attended by LJ Hooker chairman L Janusz Hooker, who said the Cessnock property area was experiencing ripple effects from Newcastle and was reaping the benefits of population growth, low interest rates and inter-state investment.
“Bryce and Mellissa’s investment in creating this vibrant business hub is a testament to not only their commitment to the Cessnock community but also to their confidence in the rapidly strengthening local real estate market,” he said.
“Cessnock has recently made headlines as a market to watch, with rental yields hovering at an enticing 4.9 per cent and property prices remaining under $500,000.
“Cessnock is becoming a preferred location for first home buyers and investors.”
According to CoreLogic, Cessnock’s median house price has climbed by 11 per cent over the last 12 months to $333,000 and on average properties sell within 41 days on the market.
“The market really picked up towards the end of 2017; over December – traditionally a slow period – we appraised and listed a number of properties, and that momentum has continued into 2018,” Mr Gibson said.
“We are looking forward to continued growth in 2018 for our customers.”
