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344-352 Cressy St Deniliquin NSW 2710

  • Offices
  • 394 m²
  • For Sale, $630,000 No GST

Fully Leased Investment Opportunity!

    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

    Jake Freshwater
    Nutrien Harcourts Deniliquin
    Jake Freshwater
    Nutrien Harcourts Deniliquin

    Property Highlights

    Floor Area394 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2017376918
    Category
    Last updated  23 Feb 2022
    Map for 344-352 Cressy St Deniliquin NSW 2710
    Jake Freshwater
    Nutrien Harcourts Deniliquin
    Jake Freshwater
    Nutrien Harcourts Deniliquin

    Property Highlights

    Floor Area394 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2017376918
    Category
    Last updated  23 Feb 2022
    99 Davidson Street Deniliquin NSW 2710
    Jake Freshwater
    Jake Freshwater
    Nutrien Harcourts Deniliquin
    Jake Freshwater
    Jake Freshwater
    Nutrien Harcourts Deniliquin

    Jake Freshwater

    Nutrien Harcourts Deniliquin

    0418 *** ***
    0418 586 417

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