Affordable Securely Leased Freehold Investment
Description
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 49 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
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Deniliquin, NSW
340 George Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 128