Real Estate Australia

Premium Commercial Investment - Long-Term Lease & High-Yield Opportunity
$1,100,000




Property Location: 354 George Street Deniliquin - 0 - NSW

Listing Id: 21496101  

Details

Bathrooms: 2   

Land

Size: 766 Square Mtr Approx  

Description: An exceptional opportunity to secure one of Deniliquin's largest and most established office spaces, this commercial investment offers immediate income with strong growth potential. Currently leased to a long-standing accounting firm until 2029, with two additional 5-year options extending through to 2039, this property delivers consistent returns and peace of mind for investors.

Enjoy an annual rental income of $91,817 + GST, with CPI increases annually which works out to be 8.5% gross yield (next increase due in March)

Spanning approximately 650m2 of versatile floor space, this purpose-built office includes:

* Individual offices and open-plan workstations

* Boardroom, server room, and reception area

* Kitchen and male/female amenities with toilet cubicles

* Ducted refrigerated and split system air conditioning

* Solar power system

* Private rear car parking

* Built in the late 1970s with a solid tenancy history

* Leased to 2029 with two 5-year options to 2039

Set in a prime central location, this well-maintained building has operated as an accounting practice since construction and offers excellent visibility and access in the heart of Deniliquin.


Premium Commercial Investment - Long-Term Lease & High-Yield Opportunity
$1,100,000


Contact Big River Real Estate Today!!!

Contact Jesse Taylor
Phone 0424 348 943

Property ID:21496101

Disclaimer:
http://www.real-estate-australia.com.au assumes no responsibility for the accuracy of information contained on this website,
interested parties must make their own enquiries with Big River Real Estate!

All Real Estate Guide

"The fastest growing Real Estate Portal in Australia"
http://www.real-estate-australia.com.au