Rare Opportunity in the heart of Deniliquin Town Center
Sick and tired of running a business in Melbourne or Sydney, paying high rentals, in highly competitive markets. Well here is an opportunity to make a risk free start, run and grow a business of your own, collect rental returns and live rent free all in one.
Situated in the heart of Deniliquin town center, and surrounded by thriving businesses, this rare opportunity comprises of:
2 stand alone shop fronts both currently tenanted and
3 stand alone apartments, 2 of which are currently tenanted and the third used by the landlord.
all part of a building with classic heritage features built to last in 1895 with current rental returns of $33,000 approx per annum.
Deniliquin is located approximately 725km south west from Sydney and 285km north of Melbourne with a population around 7,500 people. Deniliquin is situated on the banks of the beautiful Edward River only a short drive north of Echuca/Moama. Deniliquin is home of the iconic, annual Deni Ute Muster and where the beautiful Edward River provides an aquatic playground for waterskiing, wakeboarding, boating and fishing.
Building Area: 410m² approx. Combining:
Shop 1: 55.4m² 28 Napier Street - Currently tenanted to J&K Framing
Shop 2: 93.9m² 26 Napier Street - Currently tenanted to Collective Workspace
Unit 1 - 147.2m² - Used by landlord
Unit 2 - 72.1m² - Currently tenanted
Unit 3 - 41.4m² -Currently tenanted
Substantial refurbishments carried out over the years.