CENTRAL TOCUMWAL INVESTMENT WITH DEVELOPMENT UPSIDE!
Kerr Real Estate are pleased to offer for sale this superbly positioned freehold opportunity in Central Tocumwal.
The offering presents an opportunity to occupy, invest or develop (STCA), comprising five (5) tenanted shopfronts with main street frontage, 3 residences and Murray River frontage at the rear. Buy 1 or Buy Them All !
The total site area is approximately 3591qm, with the Net Lettable Area across the commercial tenancies comprising approximately 275 square metres currently although further space available for immediate upside; the breakdown is as follows:
Titles 35 - 37 Deniliquin Street, Tocumwal
Shop 1 – Hippy Boutique (Approx. 45sqm), Current estimated rental return $15,000pa
Shop 2 – Florist (Approx 50sqm), Current estimated rental return $18,000pa
Shop 3 – Garden Stable (Approx 45sqm), Current estimated rental return $15,000pa
Rear residence - 2 Bedroom, 1 bath, kitchen, living and carport
Titles 41-43 Deniliquin Street, Tocumwal
Shop 4 – Estate Agent (Approx 45sqm), Current estimated rental return $15,000pa
Shop 5 – Art Gallery (Approx 90sqm), Current estimated rental return $20,000pa
Rear residence - 2 Bedroom, 1 bath, kitchen, living and carport
Positioned in a highly desirable location, within close proximity to the Golf Course, Murray River, Boutique Shops, Cafes, Restaurants and River Walks.