FOR SALE
$730,000 - $803,000

35-37 Deniliquin Street
Tocumwal NSW 2714

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 695m2
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Tocumwal Central Unique Opportunity

Kerr Real Estate is proud to present a rare freehold opportunity in the heart of Tocumwal's CBD. This well-located property offers exceptional possibilities for occupation, investment, or development (STCA).
The offering features three prominent shopfronts with valuable main street exposure, complemented by a residential unit and direct access to the scenic Murray River at the rear. The residence is conveniently accessible from the sealed street behind, ensuring ease of access.
Spanning approximately 695sqm, this site boasts a Net Lettable Area of around 140sqm across its commercial spaces, which are detailed as follows:
• Shop 1: Vintage Boutique – Approximately 45sqm with a current rental return of $12,000 per annum. (approx)
• Shop 2: Real Estate Office – Approximately 50sqm with a current rental return of $18,000 per annum. (approx)
• Shop 3: Untenanted – Approximately 45sqm, offering flexible potential as retail or office space with an estimated rental return of $14,000 per annum. (approx)
• Rear Residence: A comfortable 3-bedroom, 1-bathroom home featuring a kitchen, living area, and carport. Potential $400 per week
Tocumwal, a highly sought-after tourist destination located along the Murray River, continues to thrive as a vibrant community for both permanent residents and visitors. With attractions such as a popular golf course, water sports, camping, holiday accommodations, restaurants, and established retail outlets, this remarkable opportunity represents a once-in-a-lifetime chance to capitalize on a growing market.

Property Details for 35-37 Deniliquin St, Tocumwal

35-37 Deniliquin St, Tocumwal is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 695m2. The place is currently for sale with Kerr Real Estate.

Building Type
House
Land Size
695m2

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About Tocumwal 2714

The size of Tocumwal is approximately 389.5 square kilometres. It has 12 parks covering nearly 2% of total area. The population of Tocumwal in 2011 was 2,383 people. By 2016 the population was 2,673 showing a population growth of 12.2% in the area during that time. The predominant age group in Tocumwal is 60-69 years. Households in Tocumwal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tocumwal work in a managers occupation. In 2011, 73.2% of the homes in Tocumwal were owner-occupied compared with 73.8% in 2016.

Tocumwal has 2,164 properties. Over the last 5 years, Houses in Tocumwal have seen a 59.79% increase in median value, while Units have seen a 109.51% increase. As at 31 October 2024:

  • The median value for Houses in Tocumwal is $454,097 while the median value for Units is $323,904.
  • Houses have a median rent of $420 while Units have a median rent of $330.
There are currently 69 properties listed for sale, and 2 properties listed for rent in Tocumwal on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Tocumwal.

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