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116 Murwillumbah Street
Murwillumbah NSW 2484
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Sold on 13 Apr 2018

116 Murwillumbah Street Murwillumbah NSW 2484

  • Shop & Retail
  • 481 m²
  • Sold

NSW's Fastest Growing Region, Blue Chip Freehold Investment

  • Renewed 10 Year Lease + 5 Year Option
  • Tenant pays all outgoings inc Land Tax
  • Guaranteed rental growth, CPI+2%

• Renewed 10 year lease to 2021 plus option to March 2026
• Northern Rivers Region – Fastest Growing Region in New South Wales
• Westpac – ASX listed company with a market cap of 103.28 Billion, member of the ‘Big 4 Banks’. Westpac has 13.1 million customers and is Australia’s largest branch network with 1429 branches and 3850 ATMs
• The building has been a banking asset for 40+ years
• High profile corner location, adjacent to IGA and retail arcade, opposite Australia Post and behind Mitre 10
• Tweed Shire: Murwillumbah is located within the Tweed Shire council, population of 93,458. Murwillumbah is part of the fastest growing region in NSW being the Northern Rivers region
• Tenant pays all usual outgoings including Land Tax
• Secure, minimum management asset
• Annual Rent Increases CPI+2%
• Net Income: $95,425pa + GST (assume 3% increase April 2018)

For Sale via Expressions of Interest closing on Thursday 22nd March 2018 at 4pm AEDT.

EXPRESSION OF INTEREST

Closing date and time22/03/2018 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold13 Apr 2018
Floor Area481 m²
Land Area322 m²
ParkingAsk Agent
Property ID2014206887
Category
Last updated  27 Jun 2018
Map for 116 Murwillumbah Street Murwillumbah NSW 2484

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Property Highlights

Date Sold13 Apr 2018
Floor Area481 m²
Land Area322 m²
ParkingAsk Agent
Property ID2014206887
Category
Last updated  27 Jun 2018

Listed by

Cushman & Wakefield Brisbane
Call
07 3852 2280

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