Irreplaceable Pharmacy Freehold Investment
289-291 Cressy Street, Deniliquin NSW
Property Highlights
Description
Secure 10 + 5 + 5 + 5 year lease to September 2037.
Soul Pattinson: Est 1872, in 51 locations Australia wide.
Fixed 4% annual rent increases.
Tenant pays all usual outgoings inc. rates, land tax & insurance.
Impressive 487 sqm purpose built brick building constructed 2001.
Strategic CBD landholding with 10 metre retail frontage central amongst
Target, NAB, St George Bank, Commonwealth Bank, Bendigo Bank etc
Excellent tax saving depreciation benefits.
Single tenant minimum management investment.
Deniliquin: Hub of the largest irrigation network in Australia and an important commercial centre servicing agricultural industries and a trade catchment population circa 12,000+.
Rent: $152,081 pa.
Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne
Property Details