New secure 5 + 5 year lease to 2025.
Annual fixed 3% increases.
Lessee pays all usual outgoings including land tax and insurance.
Westpac Limited: 2nd largest ASX listed company with a market cap rate of $99.65B (November 2015).
Commanding 825 sqm retail corner with dual frontage totaling 61 metres, plus 12 car spaces on title (roof top).
Modern refurbished 795 sqm building over two levels.
Central CBD position next to Officeworks, opposite NAB and amongst many national traders.
Substantial taxation saving depreciation.
Bendigo: Victoria's largest inland city with population of 110,000 forecast to grow to 156,000 by 2036.
Rent: $193,138 pa
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
