Affordable Securely Leased Freehold Investment

322-340 george street, deniliquin nsw

Price: Contact Agent

  • Brand new 5 + 5 + 5 year lease
  • Net lease with fixed 3% increases
  • Riverina Region is rapidly growing

Property Details

Auction 11am Tuesday 14 May 2019 at Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Massive 1,800 sqm site with rear lane access
Exceptional retail fit-out – strong tenant commitment
High exposure, brilliant 58 metre wide retail frontage

Freehold Betta Home Living Superstore: network of 235 stores Australia wide
Established tenant in this location 40+ years
New 5 year lease to 2024 + options to 2034
Fixed 3% annual rental increases ($94,543 pa + GST in 2023)
Net lease, guaranteeing rental growth, as per the lease
Passive income, tenant pays management fees

Ideal retail location opposite IGA & Cellarbrations, near CBA and ANZ
Deniliquin forms an integral part of the rapidly growing Riverina Region
Population forecast to soar by over 14.5% by 2036

Net Income $84,000 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 1800 sqm
Land Size 1,800 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003504

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

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