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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.

    Lester Wheatley
    Ray White Deniliquin
    Lester Wheatley
    Ray White Deniliquin
    Hamish Thomson
    Ray White Deniliquin
    Hamish Thomson
    Ray White Deniliquin

    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
    Lester Wheatley
    Ray White Deniliquin
    Lester Wheatley
    Ray White Deniliquin
    Hamish Thomson
    Ray White Deniliquin
    Hamish Thomson
    Ray White Deniliquin

    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
    173 Cressy Street Deniliquin NSW 2710
    Lester Wheatley
    Lester Wheatley
    Ray White Deniliquin
    Hamish Thomson
    Hamish Thomson
    Ray White Deniliquin
    Lester Wheatley
    Lester Wheatley
    Ray White Deniliquin
    Hamish Thomson
    Hamish Thomson
    Ray White Deniliquin

    Lester Wheatley

    Ray White Deniliquin

    Hamish Thomson

    Ray White Deniliquin

    0419 *** ***
    0419 629 200

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