Outstanding Freehold Retail Investment - Long Term Lease to NAB
Leased to National Australia Bank Ltd
Operating as Bank Branch for 20+ yrs
High Visibility Retail Position
CLARK Property Partners are pleased to present 119 Barker Street, Casino for sale via Expressions of Interest .
Leased to NAB who have occupied the property for over 20 years, this single level freehold retail building presents an extremely rare opportunity to secure a blue chip investment for under $1.5 million. Holding prime position on the main high street of Casino, a thriving regional centre located 220km South of Brisbane.
Key features include: • Lease to ASX listed financial services group National Australia Bank Limited • 364sqm building area • 378sqm of land zoned B3 Commercial Core • 5+3+3+3 year lease to National Australia Bank Limited (currently in first option period) • Gross Income of $82,000 p.a. + GST • Easily managed single tenant asset
With clear instructions from our clients to sell, we strongly encourage purchasers to contact us to request a copy of the information memorandum.
Expressions of interest closing 4pm Thursday 6th May 2021.
