Agent: Ray White Real Estate Deniliquin, 5881 1000.
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Address: 354-356 Cressy St, Deniliquin.
Price: $650,000.
The details: Floor area 545m², land area 674m².
354-356 Cressy St, Deniliquin
An outstanding large commercial investment opportunity exists 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 550m² of internal floor space, which is made up of about 360m² of retail space, 130m² of warehouse/storage.
The balance is offices, wet areas and utilities.
There are four undercover car parking spaces which are 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 more than seven per cent ROI. A safe and excellent investment!
For more information, contact either Hamish Thomson or Sam Hall today at Ray White Real Estate - phone (03) 5881 1000.
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