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354-356 Cressy Street Deniliquin, NSW 2710

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354-356 Cressy Street,
Deniliquin, NSW 2710

Shops & Retail • Showrooms & Large Format Retail • Offices

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Five-Star Commercial Investment - Central CBD

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!

Additional information

Deniliquin, 2710 demographic data

The median household income for Deniliquin is $1,221, 15% lower than Regional New South Wales's household income of $1,434. Deniliquin has an older age profile compared to the rest of Regional New South Wales (median age 47 vs 43). Property ownership data shows 41% of property owners in Deniliquin have a mortgage.

7,432
Population
$1,221 per week
Median household income
47 years
Median age
Owners
Most residents
Families
Most households
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354-356 Cressy Street
Deniliquin, NSW 2710

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