63-69 Pine Avenue, LEETON NSW 2705
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- 25 Oct 2016
Entry Level Bank Investment. Secure Lease to ANZ.
Well presented freehold bank investment opportunity.
Secure lease to ANZ until July 2018 plus options extending until 2028.
ANZ: top 20 ASX publicly listed company with over 180 year history.
Long-term ANZ branch at this location.
Current ownership since ANZ sale and leaseback circa 1989.
Substantial 1,012 sqm site with quality 271.5 sqm one storey building
$1,400,000 building upgrade (2008).
Prime CBD location surrounded by other major banks and national retailers.
Tenant pays all usual outgoings, as per lease.
Annual rent increases.
Easily managed, single tenanted investment.
Net Income: $50,722 pa + GST.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
63-69 Pine Avenue LEETON