456 Cressy St, Deniliquin is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Astute investor should not delay. With immediate returns of around 6.5% or over $20,000 per year (that's over $400/week) and with our extremely high occupancy rates this investment opportunity is a 'No-Brainer'. Close to the hospital, schools, shops and river the location is second to none. In excellent condition for age the three low maintenance brick veneer units sit on a solid concrete slab and are very similar in design. Featuring good sized open plan kitchens / lounge / meals area with electric free standing oven, breakfast bar with reverse cycle or split system A/C units, central bathroom / laundry / toilet and carpeted bedrooms with built in robes and ceiling fans. Outside there is a three bay carport, individual rear private courtyards with clothes line to each unit and in-ground watering to the common areas. There is opportunity for further modernising or development which would allow for increasing rent returns further. ALL UNITS CURRENTLY OCCUPIED!
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:
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