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378-382 Cressy Street
Deniliquin NSW 2710
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Sold on 25 Nov 2021

378-382 Cressy Street Deniliquin NSW 2710

  • Offices
  • 615 m²
  • Sold

Blue Chip Government Tenant And A NET Return Of Nearly 8%

· 3 x 3 year lease commencing August 1st 2020
· $92,232.00 gross annual income with CPI adjustments
· Land area 1,012m2 with covered off street parking and rear access

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 leased to NSW Government Murrumbidgee Local Health District who have occupied the building continuously since 2008. The current 3 year lease with M.L.H.S. commenced on August 1st 2020 and has a further 3 year option to July 31st 2026 with rent to be reveiwed to market. Base rent is $83,847 per annum plus GST with annual CPI adjustments.

Ray White Deniliquin
Ray White Deniliquin
173 Cressy Street
Deniliquin, NSW 2710

Property Highlights

Date Sold25 Nov 2021
Floor Area615 m²
Land Area1,012 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2012457718
Category
Last updated  10 Feb 2022
Map for 378-382 Cressy Street Deniliquin NSW 2710

Nearest transport* to 378-382 Cressy Street Deniliquin NSW 2710

Bus
Whitelock St Opp Gorman Park90 m
344 Whitelock St (Deniliquin (NSW))104 m
Deniliquin Coach Stop114 m
Charlotte St Opp Ute On The Pole277 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Ray White Deniliquin
Ray White Deniliquin
173 Cressy Street
Deniliquin, NSW 2710

Property Highlights

Date Sold25 Nov 2021
Floor Area615 m²
Land Area1,012 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2012457718
Category
Last updated  10 Feb 2022

Co-Agents

Lester Wheatley
Lester Wheatley
Ray White Deniliquin
Call
0419 629 200
Hamish Thomson
Hamish Thomson
Ray White Deniliquin
Call
0419 532 259

More about 378-382 Cressy Street Deniliquin NSW 2710

378-382 Cressy Street Deniliquin NSW 2710 is categorized as Office. It has a floor area of 615 m². The listing ID for this property is 2012457718.

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