16 Deane Street, Narara, NSW 2250

  • Floor Area:
    462sqm
    Land Area:
    1779sqm
  • garages16
    • Sold

      Sold Prior To Auction for $1,750,000 on 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

      Share
      avatar Brad Rogers
      Brad Rogers
      Director Sales and Leasing & Licensee in Charge
      avatar Michael Hanson
      Michael Hanson
      Commercial Sales & Leasing

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L21621293
      • Property Type:Retail
      • Building / Floor Area:462 sqm
      • Land Area:1779 sqm
      • Car Spaces:16
      Recently Listed
      For Sale
      $320,000 - $350,000 (GST Not applicable)
      1/127 Maidens Brush Road, Wyoming, NSW 2250
      • Floor Area:
        69sqm
      For Sale
      $320,000 - $350,000 (GST Not applicable)
      1/127 Maidens Brush Road, Wyoming, NSW 2250
      • Floor Area:
        69sqm
      Recently Sold
      Sold
      Auctioned for $1,630,000
      45 Brisbane Water Drive, Point Clare, NSW 2250
      • Floor Area:
        421sqm
        Land Area:
        606sqm
      Sold
      Auctioned for $1,960,000
      1 Bronzewing Drive, Erina, NSW 2250
      • Floor Area:
        173sqm
        Land Area:
        1249sqm
      • Car Spaces
        13
      Sold
      10 Wollong Street, Gosford, NSW 2250
      • Floor Area:
        301sqm
        Land Area:
        443sqm
      Sold
      354 Manns Road, West Gosford, NSW 2250
      • Floor Area:
        610sqm
        Land Area:
        4783sqm
      Sold
      49 Henry Parry Drive, Gosford, NSW 2250
      • Floor Area:
        858sqm
        Land Area:
        4696sqm
      • Car Spaces
        34
      Sold
      Auctioned for $1,630,000
      45 Brisbane Water Drive, Point Clare, NSW 2250
      • Floor Area:
        421sqm
        Land Area:
        606sqm
      Sold
      Auctioned for $1,960,000
      1 Bronzewing Drive, Erina, NSW 2250
      • Floor Area:
        173sqm
        Land Area:
        1249sqm
      • Car Spaces
        13
      Sold
      10 Wollong Street, Gosford, NSW 2250
      • Floor Area:
        301sqm
        Land Area:
        443sqm
      Sold
      354 Manns Road, West Gosford, NSW 2250
      • Floor Area:
        610sqm
        Land Area:
        4783sqm
      Sold
      49 Henry Parry Drive, Gosford, NSW 2250
      • Floor Area:
        858sqm
        Land Area:
        4696sqm
      • Car Spaces
        34