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378-382 Cressy Street,
Deniliquin 2710, New South Wales

1,012m² land size
615m² building size
Offices

Price withheld


Property details

Blue Chip Government Tenant And A NET Return Of Nearly 8%

· 3 x 3 year lease commencing August 1st 2020
· $92,232.00 gross annual income with CPI adjustments
· Land area 1,012m2 with covered off street parking and rear access

An absolutely PRIME commercial investment situated right in the heart of the Deniliquin C.B.D. with 20 metres frontage to both Cressy Street at the front, and Whitelock Street at the rear. Constructed predominantly of brick with reinforced concrete floor and metal roof the building is leased to NSW Government Murrumbidgee Local Health District who have occupied the building continuously since 2008. The current 3 year lease with M.L.H.S. commenced on August 1st 2020 and has a further 3 year option to July 31st 2026 with rent to be reveiwed to market. Base rent is $83,847 per annum plus GST with annual CPI adjustments.

Explore the area


School catchments

  • St Michael's Parish School Primary K-6 Catholic 0.34km
  • Edward Public School Primary K-6 Government 1.1km
  • Deniliquin South Public School Primary K-6 Government 1.2km
  • Deniliquin North Public School Primary K-6 Government 1.9km
  • Conargo Public School Primary K-6 Government 31.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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