FOR SALE
$320,000

39 Napier Street
Deniliquin NSW 2710

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 123m2
Land area: 343m2
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8% Commercial Investment In Revitalized Napier Street CBD

Welcome to a rare investment opportunity in the bustling heart of the CBD - a renowned commercial building that has been an integral part of the local community for an impressive 20+ years. Situated in the revitalised Napier Street, this property offers a combination of history, modern upgrades, and an unbeatable location. The building itself consists of an expansive showroom floorspace, equally as large storage space with rear lane access providing convenience and accessibility for efficient operations, additional inclusions include a kitchenette, toilet facilities and cellar. Vast improvements have been made recently with floor coverings, ducted refrigerated heating and cooling throughout as well as a new roof. Currently leased for $26,000 p.a which equates to 8% gross ROI until December 2026 with a further 3 year option with further increases. The condition, history, position and return make all the hallmarks of a great investment opportunity.

Property Details for 39 Napier St, Deniliquin

Building Type
Commercial
Floor Size
123m2
Land Size
343m2

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About Deniliquin 2710

The size of Deniliquin is approximately 965.6 square kilometres. It has 41 parks covering nearly 1.3% of total area. The population of Deniliquin in 2011 was 7,493 people. By 2016 the population was 7,840 showing a population growth of 4.6% in the area during that time. The predominant age group in Deniliquin is 50-59 years. Households in Deniliquin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Deniliquin work in a professional occupation. In 2011, 68.5% of the homes in Deniliquin were owner-occupied compared with 68% in 2016.

Deniliquin has 5,033 properties. Over the last 5 years, Houses in Deniliquin have seen a 62.23% increase in median value, while Units have seen a 89.32% increase. As at 31 October 2024:

  • The median value for Houses in Deniliquin is $310,126 while the median value for Units is $286,696.
  • Houses have a median rent of $380 while Units have a median rent of $270.
There are currently 85 properties listed for sale, and 5 properties listed for rent in Deniliquin on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Deniliquin.

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Jesse Taylor
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Angela Carmichael
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Big River Real Estate
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