382 Cressy Street, DENILIQUIN NSW 2710
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- 19 Aug 2016
Blue Chip Government Tenant Grossing In Excess Of 10%
3 x 3 year lease commencing December 1st 2013
$74,523.24 gross annual income with CPI adjustments
Land area 1,012m2 with covered off street parking
An absolutely PRIME commercial investment situated right in the heart of the Deniliquin C.B.D. with 20 metres frontage to both Cressy Street at the front, and Whitelock Street at the rear. Constructed predominantly of brick with reinforced concrete floor and metal roof the building is majority leased to NSW HEALTH Greater Southern Area Health Service, with the upper mezzanine level of approximately 150m2 vacant, and able to be leased seperately if required. The current 3 year lease with G.S.A.H.S. commenced on December 1st 2013, and has a further 2 x 3 year options with rent to be reveiwed to market. Base rent is $62,571 per annum plus GST and outgoings, with annual CPI adjustments.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
382 Cressy Street DENILIQUIN