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Raine & Horne Commercial  - Central Coast

16 Deane Street Narara, NSW 2250

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16 Deane Street,
Narara, NSW 2250

Shops & Retail • Showrooms & Large Format Retail • Other

Price information

Sold

$1,750,000

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

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Raine & Horne Commercial  - Central Coast

Raine & Horne Commercial - Central Coast

150 Mann Street
GOSFORD, NSW 2250
02 4324 77...
Raine & Horne Commercial  - Central Coast
16 Deane Street
Narara, NSW 2250

Map of 16 Deane Street

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Freehold Investment with 2 long term tenants

16 Deane Street is a freehold commercial property comprising of multiple income streams and a solid base for investors to consider when seeking to purchase a commercial property on the Central Coast

• Income from Day 1
• $115,000 Annual Gross Income + GST
• 2 Tenants in place producing strong income
• Shop 1 - Australian Liquor Marketers have a lease to April 2026 with a further 3 year option
• CPI Increase in April looks almost certain to increase the current rental substantially, with CPI currently measuring at circa 8%
• Shop 2 - Ezy Group Convenience Pty Ltd have a lease until August 2027 with a further 5 year option
• Freehold Property
• 1,779m2 Land size
• Excellent parking onsite
• R2 Low Density Residential Zoning
• Annual Rental Increases
• Long Term leases
• Walk to Railway Station and convenient for customers
• Surrounded by Residential homes and customers
• The only bottle shop and convenience store in the immediate area, established for almost 2 decades

Inspections are strictly by appointment

Michael Hanson 0420 307 216
Brad Rogers 0459 921 122

Additional information

Property ID: 504248076Last Updated: 8 May 2023

Raine & Horne Commercial - Central Coast
150 Mann Street
GOSFORD, NSW 2250
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