Leased to Dec. 2019 Plus Options. Absolute Prime Main Street Position.
10 year lease from Jan. 2010 plus 5 + 5 year options. Modern ground floor bank premises plus 18 accommodation rooms on 1st floor. Large 766 sqm site with 8 covered carspaces at rear. Major regional city, population 18,500* persons. City underpinned by mining/minerals/tourism. 3% annual increases. Tenant pays outgoings as per lease. Net Income: $80,842 pa + GST.
Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney