356 Cressy Street

Deniliquin NSW 2710

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!