Agent: Ray White Real Estate Deniliquin. 5881 1000.
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Address: 282-284 George St, Deniliquin
For Sale: $375,000
Open: Inspection by appointment.
This modern commercial property presents a rare opportunity to secure an investment within the highly sought-after medical practitioner and medical hub sector.
Leased to a strong and established tenant with a multi-geographical and interstate footprint across eight to nine locations, the property offers investors confidence underpinned by proven operational stability.
The lease is mid-term of an initial three-year agreement, expiring in February 2027, and includes a further three-year option.
Annual CPI rent increases apply, with the tenant responsible for council rates and standard repairs and maintenance, providing a low-maintenance investment profile.
The property currently returns approximately $32,000 gross and $28,000 nett per annum, delivering an attractive return of around 7.5% ROI.
The medium-sized, modern premises comprise approximately 180m² of building area on a 270m² allotment* and are zoned ‘Local Centre’, allowing for flexible and multi-purpose use including office or residence (STCA).
Internally, the layout includes a reception and waiting area, six designated practitioner consulting rooms, a central hallway, large sun-filled rear kitchen and meals area, storeroom, and both ambulant and wheelchair-accessible amenities.
A low-maintenance courtyard complements the building, which appears in excellent order, fully maintained, modern and compliant.
Convenient client parking is available from George Street or the adjacent rear CBD car park, further enhancing accessibility and long-term appeal.
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