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- 16 Deane Street, NARARA, NSW 2250
Map16 Deane Street, Narara, NSW 2250
Sold
Sold Prior To Auction for $1,750,000 (Mar 10, 2023)
Freehold Investment with 2 long term tenants
16 Deane Street is a freehold commercial property comprising of multiple income streams and a solid base for investors to consider when seeking to purchase a commercial property on the Central Coast
• Income from Day 1
• $115,000 Annual Gross Income + GST
• 2 Tenants in place producing strong income
• Shop 1
- Australian Liquor Marketers have a lease to April 2026 with a further 3 year option
• CPI Increase in April looks almost certain to increase the current rental substantially, with CPI currently measuring at circa 8%
• Shop 2
- Ezy Group Convenience Pty Ltd have a lease until August 2027 with a further 5 year option
• Freehold Property
• 1,779m2 Land size
• Excellent parking onsite
• R2 Low Density Residential Zoning
• Annual Rental Increases
• Long Term leases
• Walk to Railway Station and convenient for customers
• Surrounded by Residential homes and customers
• The only bottle shop and convenience store in the immediate area, established for almost 2 decades
Inspections are strictly by appointment
Michael Hanson 0420 307 216
Brad Rogers 0459 921 122
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L21621293
- Property Type:Retail
- Building / Floor Area:462 sqm
- Land Area:1779 sqm
- Car Spaces:16
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
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