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63-69 Pine Avenue
Leeton NSW 2705
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Sold on 25 Oct 2016

63-69 Pine Avenue Leeton NSW 2705

  • Shop & Retail
  • 1,012 m²
  • Sold, $965,000

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.

AUCTION

Auction date and time25/10/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold25 Oct 2016
Sold Price$965,000
Floor AreaAsk Agent
Land Area1,012 m²
ParkingAsk Agent
Property ID2013082514
Category
Last updated  25 Oct 2016
Map for 63-69 Pine Avenue Leeton NSW 2705

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Property Highlights

Date Sold25 Oct 2016
Sold Price$965,000
Floor AreaAsk Agent
Land Area1,012 m²
ParkingAsk Agent
Property ID2013082514
Category
Last updated  25 Oct 2016

Listed by

Kieran Bourke
Kieran Bourke
Burgess Rawson Sydney
Call
0417 418 007

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