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Retail for Sale

354-356 Cressy Street Deniliquin, NSW 2710

Commercial Freehold - $585,000
  • Building: 545m²
  • Land: 674m²

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Retail for Sale in Deniliquin

Five-Star Commercial Investment - Central CBD

  • Building: 545m²
  • Land: 674m²

An outstanding large commercial investment opportunity right in the heart of Deniliquin's CBD, ideal for a retail shop or large commercial office. The property is low maintenance and presents in excellent condition for its age. The location is second to none and always attracts high demand with prospective tenants. Currently occupied with two first class national tenants in Just Jeans and the Salvation Army. The building captures around 550 square metres (sqm) of internal floor space which is made up of around 360sqm of retail space, 130sqm of warehouse / storage and the balance being offices, wet areas and utilities. There are four undercover car parking spaces which is very attractive for staff or designated customer parking. The property is also serviced with excellent parking options, with both front and rear street available and a very handy paved undercover arcade / walkway along its southern boundary, connecting Cressy Street to Whitelock Street - an excellent advantage! The current annual rent is $46,372 / year (net) - equating to over 7% ROI. A safe and excellent investment!

Building:

545m²

Land:

674m² / 0.17 acres

Zone:

Local Centre / Retail

Tenancy:

Vacant

Categories:

Retail, Showrooms/Bulky Goods, Offices

354-356 Cressy Street, Deniliquin, NSW 2710
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