4 Commercial Investment Opportunities on Individual Strata Titles - Combined area 394m2 with a gross yield of approximately 7.3%
A superb commercial investment opportunity positioned right in the heart of the Deniliquin C.B.D. with frontage to both Cressy Street at the front, and Whitelock Street at the rear. Built in 1984 the construction is predominantly of brick with reinforced concrete floor and steel roof, with each shop currently leased to long standing tenants with a combined gross rental return of $46,139.00 per annum with annual CPI adjustments.
Offered as a portfolio or in part - Contact Agent to discuss individual holdings.
Shop 1
- Cressy Street
- 63m2
- Leased to local hairdresser servicing Deniliquin for 10+ years
- Current 3-year lease term commenced on 1st December 2020 with further 3-year option to November 30th, 2026
Shop 2
- Cressy Street
- 52m2
- Leased privately
- Current 2-year lease term commenced on 1st April 2021 terminating 31st March 2023
Shops 5 & 6
- Whitelock St + Access from Arcade
- Combined total area of 279m2 (88m2 + 191m2)
- Leased to CareSouth organisation.
- Current 3-year lease term commenced 1st September 2020 with further 2x 3-year options to August 31st, 2029
