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340 George Street
Deniliquin NSW 2710
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Sold on 14 May 2019

340 George Street Deniliquin NSW 2710

  • Shop & Retail
  • 1,800 m²
  • Sold

Affordable Securely Leased Freehold Investment

Auction 11am Tuesday 14 May 2019 at Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Massive 1,800 sqm site with rear lane access
Exceptional retail fit-out strong tenant commitment
High exposure, brilliant 49 metre wide retail frontage

Freehold Betta Home Living Superstore: network of 235 stores Australia wide
Established tenant in this location 40+ years
New 5 year lease to 2024 + options to 2034
Fixed 3% annual rental increases ($94,543 pa + GST in 2023)
Net lease, guaranteeing rental growth, as per the lease
Passive income, tenant pays management fees

Ideal retail location opposite IGA & Cellarbrations, near CBA and ANZ
Deniliquin forms an integral part of the rapidly growing Riverina Region
Population forecast to soar by over 14.5% by 2036

Net Income $84,000 pa + GST

AUCTION

Auction date and time14/05/2019 11:00
Auction location340 George Street, Deniliquin NSW

Property Highlights

Date Sold14 May 2019
Floor AreaAsk Agent
Land Area1,800 m²
ParkingAsk Agent
Property ID2015155765
Category
Last updated  15 May 2019
Map for 340 George Street Deniliquin NSW 2710

Nearest transport* to 340 George Street Deniliquin NSW 2710

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Property Highlights

Date Sold14 May 2019
Floor AreaAsk Agent
Land Area1,800 m²
ParkingAsk Agent
Property ID2015155765
Category
Last updated  15 May 2019
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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